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RIU Hotels Turning to Timeshare at 
Soon to Open Club-Hotel Gran Canaria 
Sets aside nearly a tenth of the rooms for timeshare
February 8, 2000 - RIU Hotels has decided to offer for sale on the multi-owner time-share basis, 54 of the 639 rooms in the new Club-Hotel Riu Gran Canaria, which will be welcoming its first guests on this island in the summer of 2000.

Sales will be handled through an independent specialist agency, OK Marketing and Consulting SL, which will make the rooms available on a 40-year lease under which owners will enjoy full privileges at all the main sports and recreational facilities in the complex as well.

This is the first "timeshare" venture undertaken by RIU Hotels, the leading chain in the Canary Islands, where it currently has 16,000 beds on offer.
 

The Club-Hotel Riu Gran Canaria is to be a full-service four-star resort, and, with its 67 million dollar price tag, represents the most costly investment the company has ever made in a single facility. It will become RIU's largest resort complex in Spain and come second in the international ranking, behind the Club-Hotel Riu Tequila at Playa del Carmen (Mexico) with 664 rooms.

The Club-Hotel formula combines all the traditional amenities of a fine hotel with an 


ClubHotel Riu Gran Canaria
exceptionality broad range of sports and leisure facilities such as are normally found at a few special resort complexes. At present, RIU owns and operates six such club-hotels (two in Majorca, one on Formentera, two in the Dominican Republic and one in Mexico) and has two more on the drawing board, one on Gran Canaria and another in Cádiz, Spain.
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Contact:
Mr.Miguel Violán 
RIU Hotels Chain
Telephone: 34-971 74 30 30   
E-mail: [email protected]
www.riuhotels.com
Also See: RIU Hotels Making Record Investment in the Club-Hotel Gran Canaria: $60 Million / Aug 1999
Occidental Hoteles Group Experiencing a Fast Growth; Now Spain�s 5th Largest Hotel Chain / Sept 1999 

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