RIU Hotels has just acquired a building in a premium area of the city of London, close to Victoria Station, which it plans to convert into
RIU Hotels has just acquired a building in a premium area of the city of London, close to Victoria Station, which it plans to convert into a 4-star hotel as part of its Riu Plaza urban line.
RIU Hotels & Resorts has bought a building in one of London’s top neighbourhoods where, following a total refurbishment, it will open a hotel in its Riu Plaza urban line. The building is at 1 Neathouse Place, right next to Victoria Station, Westminster Cathedral and Buckingham Palace.
By the end of 2020, the future Riu Plaza hotel in London will become the chain’s first hotel in the United Kingdom, a country that represents a large proportion of RIU’s clientele in Spain and the Caribbean, and where the chain has spent some time seeking the ideal opportunity to expand the city hotel brand. The hotel that RIU is planning will be 4-star, with 350 rooms, and it will be geared mainly towards guests visiting London on sight-seeing holidays.
Luis Riu, CEO of RIU Hotels & Resorts, explains that “location is very important for all our hotels, but for the Riu Plaza line it is essential that we are located very close to the places of cultural and tourist interest and very well-connected. After years spent studying the best offers in the city, we are very pleased to announce this project, for which we estimate an investment of around 250 million euros to cover the purchase of the building and the refurbishment. The location is unbeatable, the building is in excellent condition and I think that in less than two years we will be able to celebrate the opening of our first hotel in London.”