Spain-based hospitality giant RIU Hotels & Resorts has expanded its footprint in the UK market with the acquisition of The Westminster, a prestigious London property, for £290 million. The high-profile purchase marks a significant investment as the company continues to strengthen its presence in key international destinations. The transaction, reported by CoStar, highlights RIU’s strategic growth ambitions amid a recovering global travel industry.
RIU Hotels Expands European Footprint with Strategic London Acquisition
RIU Hotels & Resorts, the renowned Spain-based hospitality group, has taken a significant step in strengthening its presence within the competitive European market by acquiring The Westminster in central London for £290 million. This landmark purchase marks the company’s first direct entry into London, a city known for its dynamic tourism and business travel sectors. The property is expected to undergo enhancements to align with RIU’s signature style of combining…
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Author : Ava Thompson
Publish date : 2026-01-09 20:26:00
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