who owns the riu resort chain?
RIU Hotels & Resorts is a Spanish hotel chain founded by the Riu family as a small holiday firm in 1953, the first hotel being Riu San Francisco in Mallorca. The RIU Hotels & Resorts chain is still owned by the Riu family's third generation. In 2010, RIU Hotels & Resorts launched their new line of Riu Plaza city hotels. These are located in the centre of large cities and cater for both business travellers and tourists.