Hotel Brands
Riu acquires Tui’s Riu Hotels & Resorts stake for £576m
Riu will now control the entire brand, which stretches across 19 hotel properties in four different continents, as well as a further two scheduled openings
Riu Group, a Spanish hotel chain, has announced the acquisition of Tui’s 49% stake in the Riu Hotels and Resorts brand for a sum of €670m (£576m).
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