ST. MARTIN — RIU Hotels & Resorts has purchased a hotel in the French part of the Caribbean island of St. Martin, a $45 million investment.

Riu Palace St. Martin will welcome its first guests in June of this year. The new RIU hotel has 252 rooms, an exceptional seafront location at an exclusive cove with white sand and turquoise waters.

Riu Palace St. Martin offers several restaurants, bars, swimming pools, sports and aquatic activities, a mini-club for children, a complete spa and marina, as well as places to hold events and weddings.

St. Martin offers a range of high-quality restaurants, hotels and leisure activities. Additionally, the beauty and richness of its waters make it a paradise for snorkelling lovers.

With this hotel, RIU is increasing its presence in the Americas, where the company already has 37 hotels in Mexico (17), Dominican Republic (7), Jamaica (5), Cuba (2), Costa Rica (2), Panama (1), Aruba (1), Bahamas (1) and Miami, USA (1).

For more information, visit riu.com.