RIU to Open Hotel in Chicago

RIU Hotels & Resorts has taken a step forward in its expansion strategy for its urban Riu Plaza hotel line by acquiring a plot of land in the heart of Chicago. The newly built skyscraper will house a 28-storey hotel and more than 350 rooms. Construction work will begin in the spring of 2022 and is expected to last for approximately two years. Chicago is the third most populous city in the United States and is one of the most popular tourist destinations. The image of its skyline on the edge of Lake Michigan is recognized around the world and the Magnificent Mile shopping district, right next door to the futuristic hotel, is equivalent to New York’s 5th Avenue or Rodeo Drive in Los Angeles.

“We have been working to make this opportunity a reality for several years. It is a location that any investor would dream of, right in the heart of the city. That is why I am very pleased to present this project, which has moved forward despite many difficulties. Chicago is a wonderful tourist destination that complements and enhances the collection of Our urban hotels reinforce RIU’s commitment to the United States, as we are about to open our fourth hotel, Riu Plaza Manhattan Times Square, commented Luis Riu, CEO of RIU Hotels & Resorts.

The building that houses RIU’s new 4-star hotel will be the Chicago School, an architectural style developed in this city in the late 19th and early 20th centuries that used pioneering materials and techniques to construct large buildings. In fact, an example of this style, the 10-story Home Insurance Building that opened in Chicago in 1885, is considered the world’s first skyscraper.

The futuristic Riu Plaza is located at 150 East Ontario Street in the Streeterville neighborhood, an area bustling with commercial and cultural life near the famous Navy Pier, with the Chicago River to the south and Lake Michigan to the east. It will focus entirely on travelers visiting the city for business or tourism and will offer a competitive range of services including breakfast, just like the chain’s other urban Riu Plaza hotels. The classic facade will complement the building’s modern and functional interior, with a prominent Sky Bar on the 26th floor.

RIU is about to open the Riu Plaza Manhattan Times Square, bringing the number of Riu Plaza hotels to nine. These establishments are located in some of the world’s most important and historical cities: the Riu Plaza España in Madrid; Rio Plaza Panama Hotel in Panama City; Hotel Riu Plaza Guadalajara in Mexico; Rio Plaza Hotel Berlin in the German capital; Riu Plaza The Gresham Dublin hotel in the Irish capital; Hotel Riu Plaza Miami Beach in Miami; Riu Plaza Fisherman’s Wharf in San Francisco; and the Rio Plaza New York Times Square Hotel and the Rio Plaza Manhattan Times Square Hotel, both in New York.

In the next few years, the Riu Plaza brand will also find its home in Canada and the United Kingdom. In London, RIU has acquired a building next to Victoria Station, with construction already underway to convert it into a 435-room 4-star hotel that will open its doors in 2023. Meanwhile, Canada has chosen Toronto, the fifth largest city in North America, as the home of the Riu Plaza The newly built Toronto, featuring 350 rooms, meeting rooms, gym, bar and restaurant.

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