Edition:
United States

NH Hotel Group SA (NHH.MC)

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

6.12EUR
23 Feb 2018
Change (% chg)

€0.07 (+1.16%)
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Volume
359,621
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766,134
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Latest Key Developments (Source: Significant Developments)

NH Hotels to redeem senior secured notes due 2019
Monday, 30 Oct 2017 03:22am EDT 

Oct 30 (Reuters) - NH HOTEL GROUP SA ::TO REDEEM WHOLE PRINCIPAL AMOUNT OF 250 MILLION EURO, 6.875 PCT SENIOR SECURED NOTES DUE 2019‍​.THE NOTES ISSUE DUE 2019‍​ NOW AMOUNTS TO 100 MILLION EUROS.EARLY NOTES REDEMPTION TO GENERATE 9.6 MILLION EUROS NET SAVINGS.  Full Article

NH Hotels sees EBITDA of 260 mln euros in 2018
Thursday, 28 Sep 2017 02:59am EDT 

Sept 28 (Reuters) - NH HOTELS ::SETS 2019 RECURRING NET PROFIT TARGET AT ABOUT 100 MILLION EUROS‍​.SETS FY 2018 EBITDA TARGET AT 260 MILLION EUROS, FY 2019 EBITDA TARGET AT 285-290 MILLION EUROS.SETS 2017 DIVIDEND TARGET AT 0.10 EUROS PER SHARE, 2018 TARGET AT 0.15 EUROS PER SHARE, FROM 2019 ABOUT 50 PERCENT OF RECURRING INCOME ‍​.  Full Article

NH Hotels sets FY 2017 new EBITDA guidance at 230 mln euros
Thursday, 28 Sep 2017 02:18am EDT 

Sept 28 (Reuters) - NH HOTELS ::SETS FY 2017 NEW EBITDA GUIDANCE AT 230 MILLION EUROS.  Full Article

NH Hotels says court dismisses claim of China's HNA over 2016 AGM resolutions
Tuesday, 5 Sep 2017 09:26am EDT 

Sept 5 (Reuters) - NH Hotel Group SA ::SAYS COMMERCIAL COURT IN MADRID DISMISSES CLAIM OF CHINA'S HNA OVER JUNE 2016 AGM RESOLUTIONS‍​.SAYS COURT IN MADRID DECLARES JUNE 2016 AGM RESOLUTIONS VALID AND ORDERS HNA TO PAY ALL LITIGATION COSTS‍​.  Full Article

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

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China's HNA may face $2.4 billion cash shortfall in first quarter - source

SHANGHAI/BEIJING China's HNA Group has told creditors it faces a potential cash shortfall of at least 15 billion yuan ($2.4 billion) in the first quarter, even as the company moves to sell more assets and reduce its leverage. HNA representatives made the statement to major creditor banks at a meeting called by the provincial government last week in Haikou, one person with knowledge of the meeting said.It is the first time HNA has quantified the repayment problems it currently face