RIU Hotels & Resorts was founded in Mallorca in 1953 by the Riu family, starting as a small holiday firm. Now it has more than 100 hotels in 19 countries, which welcome over 4 million guests a year and provide jobs for a total of 27,813 employees.
RIU is currently the world's 30th ranked chain, one of the Caribbean's most popular, the largest in Spain in terms of revenue and the third largest in number of rooms. The RIU is expanding on the Asian continent and they are celebrating by building a 5-star hotel located in Ahungalla, which is in the south-east of Sri Lanka. The new hotel opened its doors on August 5th and it is the perfect place for anyone who wants to explore this exotic land without missing out the luxury life, as the hotel is designed to offer a relaxed atmosphere combined with the refined and exotic gastronomy as they are able to choose from five restaurants and of course no one can miss enjoying a cocktail in one of its four bars. RIU saw this location as the ideal destination mainly because Sri Lanka, also known as “the tear drop of India”, is one of the tourist destinations which attracts Europeans and customers from India, China and Australia. This is the first step of the RIU's project to expand throughout the Asian continent, as they are actually planning on building three more hotels in the period between 2018 and 2019 in Maldives and in Dubai.