Edition:
United Kingdom

NH Hotel Group SA (NHH.MC)

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

6.41EUR
18 May 2018
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€0.09 (+1.34%)
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Latest Key Developments (Source: Significant Developments)

NH Hotels And Apple Leisure Group Form Strategic Alliance To Jointly Operate Beachfront Resorts In Europe
Thursday, 17 May 2018 

May 17 (Reuters) - NH Hotel Group SA ::ANNOUNCES STRATEGIC ALLIANCE WITH APPLE LEISURE GROUP TO JOINTLY OPERATE BEACHFRONT RESORTS IN EUROPE.SAYS AMRESORTS TO OVERSEE BRAND MANAGEMENT AND SALES, NH TO MAINTAIN OPERATIONAL MANAGEMENT OF THE RESORTS.FIRST FOUR HOTELS IN AMRESORTS EUROPEAN PORTFOLIO ARE SLATED TO OPEN IN SPAIN IN 2019.  Full Article

HNA Group To Review Strategic Options Regarding Its Stake In NH Hotels
Monday, 14 May 2018 

May 14 (Reuters) - HNA GROUP CO::HNA PLANS TO REVIEW THEIR STRATEGIC OPTIONS REGARDING STAKE IN NH HOTELS.HNA PLANS TO ORGANIZE FORMAL PROCESS TO CHANNEL INDICATIONS OF INTEREST FROM POTENTIAL INVESTORS REGARDING STAKE IN NH HOTELS .HNA THROUGH SUBSIDIARY HAS APPOINTED JP MORGAN SECURITIES AND BENEDETTO, GARTLAND & COMPANY AS FINANCIAL ADVISORS TO THE PROCESS.  Full Article

NH Hotels To Call Early Redemption Of 250.0 Mln Euro Convertible Bonds
Wednesday, 9 May 2018 

May 10 (Reuters) - NH Hotel Group ::SAID ON WEDNESDAY IT DECIDED TO CALL THE EARLY REDEMPTION OF ITS 250.0 MILLION EURO 4.0 PERCENT CONVERTIBLE BONDS DUE NOVEMBER 8 .THE BONDS ARE LISTED ON THE AIAF MARKET AND ON THE FREIVERKEHR OF THE FRANKFURT STOCK EXCHANGE.THE REDEMPTION OF THE 2018 BONDS IN FULL WILL TAKE PLACE ON JUNE 11 AT A REDEMPTION PRICE OF THE PRINCIPAL AMOUNT OF THE 2018 BONDS OUTSTANDING PLUS ACCRUED AND UNPAID INTEREST FROM MAY 8 TO THE DATE OF REDEMPTION.THE BONDHOLDERS MAY EXERCISE THEIR CONVERSION RIGHTS UNTIL MAY 31.THE CONVERSION PRICE WILL BE 4.919 EUROS PER SHARE.  Full Article

NH Hotels Q1 Recurring Net Loss Narrows To 22.9 Mln Euros YoY
Wednesday, 9 May 2018 

May 9 (Reuters) - NH Hotel Group SA ::Q1 REVENUE 344.6 MILLION EUROS VERSUS 328.6 MILLION EUROS YEAR AGO.Q1 RECURRING NET LOSS 22.9 MILLION EUROS VERSUS LOSS 27.7 MILLION EUROS YEAR AGO.Q1 EBITDA BEFORE ONE-OFFS 15.7 MILLION EUROS VERSUS 10.8 MILLION EUROS YEAR AGO.Q1 REVPAR UP 3.3 PERCENT AT 58.5 EUROS VERSUS 56.7 EUROS YEAR AGO.Q1 OCCUPANCY RATE AT 65.0 PERCENT VERSUS 64.0 PERCENT YEAR AGO.SAYS 2018 EBITDA TARGET OF 260 MILLION EUROS IS PRESERVED.  Full Article

HNA Says Contracted JP Morgan And Benedetto To Review Its Shareholding In NH Hotels
Friday, 19 Jan 2018 

Jan 19 (Reuters) - HNA GROUP CO::CONTRACTED JP MORGAN, BENEDETTO, GARTLAND AND CO TO REVIEW ITS SHAREHOLDING IN NH HOTELS .REVIEW INCLUDES IDENTIFICATION OF POTENTIAL BUYERS OF ITS STAKE IN NH HOTELS .  Full Article

Spain's NH Hotels expects to beat 2018 EBITDA target of 260 mlns euros
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Spain's NH Hotels CEO Ramon Aragones: :Says expects to beat original 2018 core profit (EBITDA) target of 260 million euros ($318 million).Says expects dividend to rise to 0.15 euros per share in 2018 from 0.1 euros per share in 2017.Says expects payout to reach 50 percent of profit by 2019 .Says average daily rate (ADR) for its hotel rooms to rise to above 100 euros this year.ADR has risen 5.8 percent a year on average over the last four years to 96 euros in September 2017.  Full Article

NH Hotels Declines Barcelo Offer
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - NH HOTEL GROUP SA ::BOARD SAYS DECLINES UNANIMOUSLY BARCELO OFFER.BOARD SAYS BARCELO OFFER REFUSAL DOES NOT IMPEDE ANALYZING OTHER STRATEGIC POSSIBILITIES IN FUTURE.BOARD SAYS BARCELO OFFER DOES NOT REFLECT VALUE OF NH OR CREATE VALUE APART FROM ITS INDEPENDENT PROJECT.BOARD SEES NEGATIVELY THE FACT THAT BARCELO BID FAILED TO OFFER CASH ALTERNATIVE OR SIMILAR LIQUIDITY EVENT FOR NH'S SHAREHOLDERS.  Full Article

NH Hotels Signs Sale And Lease Back Deal In Amsterdam, capital gain at 55 mln euros
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - NH HOTEL GROUP SA ::SAYS REACHES DEAL FOR SALE AND LEASE BACK OF REAL ESTATE PROPERTY IN AMSTERDAM WITH AGREED ASSET VALUE OF 155.5 MILLION EUROS‍​.SAYS NET CHASH INFLOW FROM TRANSACTION AMOUNTS TO 122.4 MILLION EUROS, CAPITAL GAIN AT 55 MILLION EUROS.  Full Article

NH Hotels To Adopt Final Decision On Interest Of Grupo Barcelo On Jan. 10
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - NH HOTEL GROUP SA ::SAYS BOARD HAS NOT TAKEN ANY DECISION ABOUT INTEREST OF GRUPO BARCELO AND CONTINUES ITS PROCESS OF ANALYSIS.SAYS AGREED TO HOLD EXTRAORDINARY MEETING OF BOARD ON JAN. 10 TO ADOPT FINAL RESOLUTION.  Full Article

Pandox Signs Lease Agreements In Brussels
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Pandox Ab ::(PUBL) SIGNS LEASE AGREEMENTS FOR HOTEL BLOOM! AND HOTEL BERLAYMONT IN BRUSSELS WITH NH HOTEL GROUP.‍SIGNED TWENTY-YEAR REVENUE-BASED LEASE AGREEMENTS WITH GUARANTEED MINIMUM RENT WITH NH HOTEL GROUP​.‍LEASE AGREEMENTS WILL TAKE EFFECT ON 1 FEBRUARY 2018​.  Full Article

BRIEF-NH Hotels To Call Early Redemption Of 250.0 Mln Euro Convertible Bonds

* SAID ON WEDNESDAY IT DECIDED TO CALL THE EARLY REDEMPTION OF ITS 250.0 MILLION EURO 4.0 PERCENT CONVERTIBLE BONDS DUE NOVEMBER 8