RIU Hotels & Resorts will exit Cuba as of May 2015
RIU Hotels & Resorts dejará Cuba a partir de mayo de 2015
Intel ID : 222117
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RIU Hotels & Resorts, a Spanish hotel management company, will definitively exit Cuba as of May 2015. RIU Hotels & Resorts manages 5-star hotel Club Hotel Riu Varadero. The lease ends on 30 April 2015, and the hotel chain has chosen not to renew the contract and exit its operations in Cuba.
(content in spanish)
La cadena hotelera española RIU Hotels & Resorts ha anunciado que saldrá definitivamente de Cuba a partir de mayo de 2015. RIU Hotels & Resorts gestiona el Club Hotel Riu Varadero, complejo de 5 estrellas, termina su contrato el 30 de abril de ese mismo año, pero la cadena ha optado por no renovar sus derechos y dejar todas sus operaciones en el país caribeño. |
| Intel ID | 222117 | |
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Financial Data - RIU Hotels & Resorts
(31 Dec 2022) |
Revenue: EUR 522,56m EBITDA: EUR 163,43m Net Debt: EUR 759,28m |
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15.10.06 Hotels, Resorts & Accommodations 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.