Joint Venture

Success Stories

RIU Hotels & Resorts (www.riu.com ) and Kaya Holdings A.S. have signed a cooperation contract as a result of a long term strategically created collaboration.

As a first step for this collaboration, from summer 2010 the 5 star hotels Kaya Belek and Kaya Select, located in Antalya (Turkey), will be commercialised under RIU’s management. An expansion of the common projects is planned in the mid term, for Turkey and also the North of Cyprus.

After an intense and careful search, RIU has found in Kaya Hotels & Resorts a reputable partner for its hotel projects in Turkey. Kaya Hotels & Resorts is a company that belongs to Kaya Holdings A.S., whose hotels accomplish RIU standards and can be integrated into RIU’s portfolio without any issues.

Both companies share the same high service and quality standards, as well as a common interest to expand and develop hotel business and tourism in Turkey.

The future Riu Kaya hotels are located in Antalya, a popular holiday destination. Kaya Belek offers 506 rooms and it will be managed from summer 2010 as Riu Kaya Belek. Kaya Select will offer its 346 rooms as ClubHotel Riu Kaya Select.

Both accommodations will offer the prestigious All Inclusive by RIU service from summer 2010. The hotels are located very close to each other and have their own golf course.

For further information, please visit: www.riu.com

About Kaya Holding A.S: Kaya Holding A.S. was founded in 1974 as a construction company. Its first steps in the tourism field date from 1988 with the hotel Kaya Side in Antalya. Kaya Hotels & Resorts, a company from Kaya Holding A.S., is one of the leading companies in the Turkish hotel field. It owns 7 hotels in Turkey and in the North of Cyprus with 7,500 beds. With its accommodations offer, it is the largest hotel chain in Turkey. The company has a workforce of 2,500 employees. The company is also active in the construction, petrol and beverage sectors.