Riu Hotels will open a four-star Riu Plaza hotel in Madrid, resulting from a conversion of the Edificio España building purchased from the Baraka Group.
The 650-key property will occupy 24 of Edificio España’s 27 floors, with the rest given over to retail. The hotel will offer 1,800m² of space for events with an open-plan room measuring 1,500m² with six-metre-high ceilings. It will also have two restaurants, a rooftop swimming pool next to the Sky Bar and an additional 900m² of space for events.
Edificio España building
“It had always been part of our strategic plan to open a Riu Plaza hotel in Spain and this opportunity in Madrid, in such an unbeatable location and emblematic building, surpasses all expectations,’ say Carmen and Luis Riu, CEOs of RIU Hotels.
RIU currently has six Riu Plaza hotels around the world. The first opened its doors Panama City in 2010 and has since been joined by the Riu Plaza Guadalajara in Mexico, Riu Plaza Miami Beach and Riu Plaza New York Times Square, Riu Plaza Berlin and more recently, Riu Plaza The Gresham Dublin.