In the highly competitive world of all-inclusive resorts, hitting a 70% occupancy rate is considered a solid year. So when Luis Riu, CEO of RIU Hotels & Resorts, recently revealed that his global portfolio closed out the year with a staggering 89% average occupancy rate, the hospitality industry took notes. While RIU operates 98 properties …
RIU Resorts
If you’ve started the hunt for your high-season vacation in Cancun or the Riviera Maya, you’ve probably run into a surprising roadblock. You check the ultra-luxury, $10,000-a-week resorts, and you find decent availability. Then, you check the RIU resorts… and they are almost completely sold out. Despite having over a dozen properties in the region, …