RIU purchases first hotel on St Martin

Thursday, May 08, 2014 | 9:00 AM    

Print this page Email A Friend!

KINGSTON, Jamaica -- International chain RIU Hotels & Resorts has finalised a deal to purchase a luxurious 252-room hotel in the French section of the Caribbean island of St Martin, OBSERVER ONLINE has learnt.

According to information from the hotel, the transaction is worth approximately US$45 million.


The hotel, the first for RIU on St Martin, offers several restaurants, bars, swimming pools, sports and aquatic activities, a mini-club for children, a complete spa and marina, as well as accommodations for events and weddings, the hotel source said.

RIU based in Spain opened its first hotel in Jamaica over 12 years ago in Negril. The company, the first Spanish hotel to invest in Jamaica, now operates five hotels on the island.





1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper – email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed:

6. If readers wish to report offensive comments, suggest a correction or share a story then please email:

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus


Do you think an increase in JUTC bus fares is justified at this time?

View Results »


Today's Cartoon

Click image to view full size editorial cartoon