Edition:
United States

NH Hotel Group SA (NHH.MC)

NHH.MC on Madrid SE C.A.T.S.

5.31EUR
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

NH Hotels sees 5 pct increase in ADR in Spain and Benelux in 2018
Wednesday, 26 Jul 2017 05:21am EDT 

July 26 (Reuters) - NH Hotel Group SA ::SEES 5 PERCENT INCREASE IN AVERAGE DAILY RATE (ADR) IN SPAIN AND BENELUX IN FY 2018 - CONFERENCE CALL.  Full Article

NH Hotels H1 Ebitda up 41 pct to 103.1 mln euros YoY
Wednesday, 26 Jul 2017 01:59am EDT 

July 26 (Reuters) - NH HOTELS GROUP SA ::H1 NET SALES 752.5 MILLION EUROS VERSUS 701.6 MILLION EUROS YEAR AGO.H1 NET PROFIT 7.6 MILLION EUROS VERSUS 9.7 MILLION EUROS YEAR AGO.H1 OCCUPANCY RATE AT 69.6 PERCENT VERSUS 66.7 PERCENT YEAR AGO.H1 EBITDA 103.1 MILLION EUROS, UP 41 PERCENT YEAR ON YEAR.H1 REVPAR UP 10.7 PERCENT AT 66.6 EUROS VERSUS 60.2 EUROS YEAR AGO.SAYS WELL POSITIONED TO EXCEED CURRENT GUIDANCE FOR 2017, WILL UPDATE TARGETS FOR THIS YEAR AND PROVIDE NEW GUIDANCE FOR 2018-2019.  Full Article

NH Hotels occupancy rate is up 5 pct in first five months of 2017
Thursday, 29 Jun 2017 09:28am EDT 

June 29 (Reuters) - NH Hotel Group SA ::SAID ON THURSDAY ITS REVENUE GREW 8 PERCENT IN THE FIRST FIVE MONTHS OF 2017, ACCUMULATED TO MAY, VERSUS LAST YEAR.REVENUE PER AVAILABLE ROOM (REVPAR) IS UP 11 PERCENT IN THE FIRST FIVE MONTHS OF 2017 VERSUS LAST YEAR.OCCUPANCY RATE IS UP 5 PERCENT IN THE FIRST FIVE MONTHS OF 2017 VERSUS LAST YEAR.AVERAGE DAILY RATE (ADR) IS UP 6 PCT IN THE FIRST FIVE MONTHS OF 2017 VERSUS LAST YEAR.  Full Article

Spain's NH Hotel Group on track to meet all 2017 targets - CEO
Thursday, 29 Jun 2017 07:02am EDT 

June 29 (Reuters) - Spain's NH Hotel Group CEO Ramon Aragones::Says the company is on track to meet all 2017 targets.  Full Article

NH Hotels Q1 recurring net loss narrows to 27.7 mln euros
Thursday, 11 May 2017 02:25am EDT 

May 11 (Reuters) - NH HOTEL GROUP SA ::Q1 RECURRING NET LOSS 27.7 MILLION EUROS VERSUS LOSS 37.7 MILLION EUROS YEAR AGO.Q1 REVENUE 328.6 MILLION EUROS VERSUS 301.8 MILLION EUROS YEAR AGO.Q1 POSITIVE EBITDA AFTER ONE-OFFS 11.8 MILLION EUROS VERSUS NEGATIVE 3.5 MILLION EUROS YEAR AGO.Q1 REVPAR UP 11.9 PERCENT AT 56.6 EUROS VERSUS 50.5 EUROS YEAR AGO.REITERATES GUIDANCE FOR 2017 AND OUTLOOK FOR 2018.Q1 OCCUPANCY RATE AT 63.9 PERCENT VERSUS 60.2 PERCENT YEAR AGO.  Full Article

NH Hotels finalises agreement with Hesperia to manage 28 hotels in Spain
Thursday, 20 Apr 2017 01:34am EDT 

April 20(Reuters) - NH Hotels Group SA ::Said on Wednesday it signed the final agreement with Grupo Inversor Hesperia to rebranding and investing in repositioning its portfolio of hotels.The 28 Hesperia hotels total 4000 rooms and represent 30 pct of the portfolio operated under management contracts by NH Hotel Group.The new management contract represents for NH Hotel Group an estimated net contribution of 7.2 million euro($7.7 million) this year .  Full Article

DB announces results of tender for NH Hotels senior notes due 2019
Monday, 27 Mar 2017 06:16am EDT 

NH Hotel Group SA : Deutsche Bank AG, London Branch (the offeror), announces the indicative results of its invitation to holders of the 6.875% senior secured notes due 2019 to tender their notes for purchase by the offeror .The offeror received valid tenders of 121.5 million euros ($132.0 million) in aggregate nominal amount of the notes pursuant to the offer.  Full Article

NH Hotels completes issue of 115.0 mln euros in notes for debt refinancing
Monday, 27 Mar 2017 04:28am EDT 

NH Hotel Group SA : Said on Friday it signed a purchase agreement in which it will issue and Deutsche Bank AD London Branch will fully subscribe senior secured notes worth 115.0 million euros ($125.0 million) .New notes to be issued at 103.375 percent of nominal value which implies a yield to maturity of 3.17 percent.  Full Article

NH Hotels intends to issue up to 115.0 mln euros in notes for debt refinancing
Friday, 24 Mar 2017 04:00am EDT 

NH Hotel Group SA : Intends to issue simple senior secured notes totalling up to 115.0 million euros ($124.0 million), due 2023, with an annual interest of 3.75 percent .Says with the new issue and available cash intends to refinance 150.0 million euros of nominal aggregate amount of the senior secured notes due 2019, with an annual coupon of 6.875 percent.  Full Article

NH Hotels considers new senior secured notes issue to refinance debt
Monday, 20 Mar 2017 03:33am EDT 

NH Hotels Group SA : Sees to launch new notes issue, to run a partial refinancing of its 2013 notes . To issue 3.750 percent senior secured notes due in 2023 on the same terms as its 285 million euros issue from Sept. 2016 . Sees to refinance 150 million euros of the 250 million euros of senior secured notes due in 2019 with 6.875 percent interest .To offer 107.9 percent of the face value plus accrued and unpaid interest for the 150 million euros part of the issue due in 2019.  Full Article