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.
RIU Hotels & Resorts has had a relationship with Canada for years, with the country being one of the main markets for RIU hotels in the Caribbean, Mexico and Central America, but it is only now with the opening of this new hotel that it is physically establishing its presence in the country.
RIU Hotels & Resorts has had a relationship with Canada for years, with the country being one of the main markets for RIU hotels in the Caribbean, Mexico and Central America, but it is only now with the opening of this new hotel that it is physically establishing its presence in the country.
