NH Hotels & Resorts
Hospitality · Spain · 10K+ Employees
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Overview
Headquarters
Calle Santa Engracia 120 Fl 7, Madrid, M...Phone Number
+34 914519718Website
www.nh-hotels.comRevenue
$2.4 BillionStock Symbol
NHHIndustry
About NH Hotels & Resorts
NH Hotels & Resorts Org Chart
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NH Hotels & Resorts is experiencing very low activity levels compared to other companies in the Hospitality sector.
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NH Hotels & Resorts News & Media
Minor Hotels to Introduce NH Hotels & Resorts Brand to Bangkok
NH Bangkok Sukhumvit Boulevard will be the first NH in Bangkok, second in Thailand, as Minor Hotels maps the brand’s expansion outside of Europe and the Americas.Minor Hotels Unifies Global Corporate Identity with NH Hotel Group Rebranded to Minor Hotels Europe & Americas
NH Hotel Group, part of Minor Hotels, will now operate as Minor Hotels Europe & Americas following a vote by NH Hotel Group’s shareholders to change the company’s registered name at its Annual General Meeting held last Friday.NH Hotel Group Reports Record Earnings
NH Hotel Group, part of Minor Hotels, reported revenue of €2.16 billion in 2023, a growth of 23% from €1.76 billion recorded in 2022 and 26% more than the €1.72 billion generated in 2019. Reported net profit amounted to €128.1 million, equating to 27.7% annual growth.NH Hotel Group Posts Growth of 28% in 9m23 Revenue and 77% in Net Profit to €100 Million
NH Hotel Group (NH), part of Minor Hotels, generated €1.61 billion of revenue in the first nine months of 2023, up 28.1% year-on-year. Strong demand drove occupancy up to 68%, while average daily rate (ADR) climbed further to €137 in 9M23, marking growth of 14.4% year-on-year and 25.2% compared to 9M19. As a result, revenue per available room (RevPAR) averaged €93, up 30% from the 9M22 and 9M19 figures of €72 and €73, respectively.
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Frequently Asked Questions Regarding NH Hotels & Resorts
NH Hotel Group is now one of the largest chains in the world and operates hundreds of hotels across Europe, America and Africa. Throughout all of its hotels, the NH brand stands out in its dedication to high quality services and facilities.... Read More