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NH Hotel Group SA (NHH.MC)

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

4.76EUR
28 Apr 2017
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Thu, Apr 20 2017

BRIEF-NH Hotels finalises agreement with Hesperia to manage 28 hotels in Spain

* Said on Wednesday it signed the final agreement with Grupo Inversor Hesperia to rebranding and investing in repositioning its portfolio of hotels

Fitch Revises NH Hotel Outlook to Positive; Affirms IDR at 'B'

(The following statement was released by the rating agency) LONDON, March 24 (Fitch) Fitch Ratings has revised NH Hotel Group S.A's. (NH) Outlook to Positive from Stable, while affirming its Long-Term Issuer Default Rating (IDR) at 'B'. Fitch has also affirmed NH's 2019 and 2023 senior secured notes at 'BB-' with a Recovery Rating 'RR2.' The planned EUR115 million 2023 bond tap issue is neutral to future bond recovery expectations. The change in the outlook to Positive reflects the company'

BRIEF-Coima Res renews and extends lease agreement with NH Hotel Group

* Says has finalised a lease agreement with NH Hotel Group for hotel portion of the Gioiaotto property in Milan, owned by the MHREC Fund which is 86.7 pct-owned by Coima Res Source text for Eikon:

BRIEF-Spain's NH Hoteles targets 2018 core profit of 250-260 mln euros

* Says it is targeting a core profit (EBITDA) of 250 million- 260 million euros ($266 million-$277 million) in 2018 Source text for Eikon: Further company coverage: ($1 = 0.9384 euros) (Reporting by Madrid Newsroom)

BRIEF-Spain's NH Hoteles says core profit rose over 20 pct in 2016

* Says core profit, or earnings before interest, taxes, depreciation and amortization (EBITDA) rose more than 20 percent in 2016 from a year earlier, the second year in a row

BRIEF-NH Hotel Group 9-month recurring net result turns to profit of 4.5 mln euros

* Reported on Tuesday 9-month recurring net profit of 4.5 million euros ($4.8 million) versus loss 7.7 million euros year ago

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