RIU To Open A Hotel Of Its Urban Line, Riu Plaza, In Madrid’s Emblematic “Edificio España”

Published on : Monday, January 23, 2017

RIU Hotels & ResortsRIU Hotels & Resorts has signed a strategic partnership with the Baraka business group to take part in the ownership and renovation of the emblematic Edificio España on Madrid’s Plaza de España, to open a hotel of the Riu Plaza line. The hotel chain from Mallorca and Baraka have created a joint venture in which RIU holds a 25% share. The agreement signed recently between the two companies also includes a contract for management of the hotel, which is expected to be inaugurated in two years’ time, following completion of the renovation works.

For RIU, this project represents an incursion into Spain’s urban hotel market, a longheld desire for the company that could not materialize until finding such an excellent opportunity and location. The new Riu Plaza will occupy 24 floors of the 27-storey Edificio España, while the rest will be designated for commercial use; it will have approximately 650 rooms and a 4-star category. The project, which is in the final design stages, will also include over 1,800 square meters of space for events, including a 1,500-square meter open hall with a height of six meters, making it a unique space in the heart of Madrid. It will also have two restaurants, a swimming pool on the roof, which will also be the site of the Sky Bar and another 900 meters of additional space for events.


With all these amenities, in addition to its central location, RIU hopes to attract leisure travelers visiting Madrid to enjoy shopping and cultural visits, as well as corporate travelers.


“We are very excited about this new project. It will not only signify our Riu Plaza brand’s début in Spain but will also be a worldwide reference for the company thanks to its excellent location on Madrid’s Gran Via and the singular nature of the Building. We believe that this partnership with Baraka is an excellent opportunity to strengthen our brand’s positioning in Spain and in the world”, affirmed Carmen and Luis Riu, the CEOs of RIU Hotels & Resorts.


RIU currently has six Riu Plaza hotels around the world. The first one opened its doors in Panama City in 2010, and since then has been joined by the Riu Plaza Guadalajara in Mexico, the Riu Plaza Miami Beach and Riu Plaza New York Times Square in the United States, the Riu Plaza Berlin in Germany and, more recently, the Riu Plaza The Gresham Dublin in Ireland.


Source:- RIU Hotels & Resorts

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 07 miltcongress 2018
  • 08 theleisureshow 18
  • 09 cibtm 2018
  • 09 Seatrade Cruise Med 2018
  • 10 ITE-HCMC 2018
  • 13 aite 2018
  • 14 traveltechme 2018
  • 15 TravelDaily TDC 18
  • 16 OTDYKH 2018
  • 17 Hotel Show dubai 18
  • 18 hospitalityqatar 18
  • 18 Hotel Management Asia Summit 2018
  • 18 thincindonesia 2018
  • 19 bricsaconsulting 2018
  • 20 CITE_TTW 2018
  • 20 europecongress 18
  • 20 sahicsouthamerica 2018
  • 21 bitmchina 2018
  • 22 Hotel Management Singapore Summit 18
  • 23 PTM 2018
  • 30 PATA


Get our toolbar!
Review www.travelandtourworld.com on alexa.com