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Spain’s Riu opens $120 million urban hotel for Panama

Friday, August 13, 2010

Spain’s Riu hotel chain is to open its first hotel in Panama City next month. Investment is costing $120 million.
The Riu Panamá Plaza will be the first of the Riu Plaza brand, a new line introduced by the company for urban locations.
Riu has been in the hotel business for 57 years, but its previous experience has been limited to vacation locations.
Original source (in Spanish): Europa Press