RIU Hotels & Resorts to Grow in Jamaica
Thursday December 20th, 2012 - 1:37AM GH
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MONTEGO BAY, JAMAICA—RIU Hotels & Resorts has begun construction of its fifth hotel in Jamaica, the 238-room luxury RIU Palace Jamaica.
The new hotel, which is scheduled to open in late 2013, will be age restricted, meaning guests have to be at least 18 years old to stay. The property is being constructed next to an existing RIU hotel, the RIU Montego Bay. Like the existing property, the RIU Palace Jamaica will overlook Mahoe Bay.
The RIU chain, which is based in Spain and was founded by the Riu family in 1953, now has more than 100 hotels in its portfolio in 16 countries.
Tags: • Hospitality • Construction/Renovation • Ownership •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.