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BRIEF-NH Hotels Q1 net recurring loss narrows to 28.2 mln euros
May 14, 2015 / 10:47 AM / 3 years ago

BRIEF-NH Hotels Q1 net recurring loss narrows to 28.2 mln euros

May 14 (Reuters) - NH Hotel Group :

* Q1 negative EBITDA 4.2 million euros ($4.8 million) versus negative 8.2 million euros year on year

* Q1 net recurring loss 28.2 million euros versus loss 33.8 million euros year on year

* Q1 occupancy rate at 58.6 percent versus 59.4 percent year on year

* Q1 revenue per available room up 47.4 euros versus 44.8 euros year on year

* Q1 revenue 278.1 million euros versus 271.9 million euros year on year

* Confirms outlook for 2015, EBITDA growth of 25 percent Source text for Eikon:

Further company coverage: ($1 = 0.8752 euros) (Gdynia Newsroom)

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