RIU Hotels & Resorts Reports 8% Revenue Growth in Cabo Verde for 2025
Grupo RIU experienced a significant financial year in 2025, with its Chief Financial and Sustainability Officer, Naomi Riu, reporting an 8% increase in revenue and classifying the year as "an excellent performance." The company has solidified its presence in Cabo Verde, contributing substantially to the local economy. Direct and indirect taxes paid by the group amounted to 5.6 billion escudos, a 13.2% increase year-on-year. RIU also prioritized national suppliers, increasing purchases to 9.374 billion escudos in 2025, significantly more than the 2.856 billion escudos spent on foreign suppliers. Looking ahead, RIU plans a comprehensive renovation of the Hotel RIU Touareg on Boa Vista island, aiming to expand its capacity to 1,181 rooms and upgrade all facilities. Cabo Verde represents approximately 10% of RIU's global room inventory, with 4,649 rooms across six hotels on Sal and Boa Vista islands, which hosted 396,785 guests in 2025. Key markets included the United Kingdom (52.05%) and Germany (13.81%).
Grupo RIU's 2025 performance in Cabo Verde highlights a strategic focus on local economic integration, evidenced by increased tax contributions and a strong preference for national suppliers. The company's investment in infrastructure and capacity expansion, alongside its commitment to internal talent development, suggests a long-term growth strategy. RIU's significant social and environmental investments, particularly in child welfare and health initiatives, demonstrate a corporate social responsibility framework that aligns with sustainable tourism models. The detailed reporting on local employment, with 90% of its 3,444 staff being Cabo Verdean and 100% of department heads being local professionals, indicates a successful localization strategy. The company's approach to biodiversity conservation, supporting initiatives like sea turtle protection, further reinforces its commitment to operating in a manner that benefits the local ecosystem and community, potentially setting a benchmark for other large tourism operators in developing economies.
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