RIU Hotels & Resorts has announced the construction of a hotel in its Riu Plaza urban line, in Toronto, the largest city in Canada and the cultural, business and financial centre of the country. The Spanish company intends to invest around 100 million dollars in the project, that will establish the first RIU hotel in Canada and will add continuity to the hotel company’s plan to expand into the world’s great cities.
The project, designed in a sophisticated avant-garde style, as a part of the Riu Plaza line, is now near the end of the design phase and is set to open in 2021. The building, a newly-built modern tower block, will be located in the city’s financial district and is mixed use. RIU’s investment in the part intended for the hotel will have 350 rooms, meeting rooms, a gym, bar and restaurant; while the upper floors will be for residential use.
Luis Riu, CEO of RIU Hotels & Resorts, has made it clear that the opening of the first hotel in Toronto “is a big step forward in our commitment to expanding the Riu Plaza hotel line in the world’s key cities, establishing the RIU brand beyond more traditional vacation destinations. We hope this hotel attracts RIU customers around the world to discover the city of Toronto with us, and also hope that the loyal customers we have in Canada decide to discover our urban product. This project means a new drive to raise awareness of our brand within and beyond the country.” Continue reading “RIU Hotels & Resorts is coming to Canada”