NH Hotels Company profile
About NH Hotel Group SA
NH Hotel Group SA, formerly NH HOTELES, S.A., is a Spain-based company primarily engaged in the hospitality sector. The Company’s activities are divided into two business segments: Hotels and Real estate. The Hotels division is active in the management and exploitation of hotel chains under the NH Hoteles, NH Collection, Hesperia Resorts and nhow brand names. The Real estate division includes operations related to assets management. Apart from accommodation, the Company’s services also include gastronomy and organization of banquets. Its hotels are located in Europe, the Americas and Africa. The Company is a parent of the NH Hotels Group, which comprises numerous subsidiaries, such as Nuevos Espacios Hoteleros SA, Latinoamerica de Gestion Hotelera SL and NH Hotel Ciutat De Reus SA.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, NH Hotel Group SA revenues increased 39% to EUR746.5M. Net loss before extraordinary items decreased 69% to EUR133.7M. Revenues reflect Other European Countries segment increase from EUR57.3M to EUR264M, Italy segment increase of 92% to EUR159.5M. Lower net loss reflects Other operating income increase from EUR7.9M to EUR86.9M (income).
Equity composition
02/2007, Rights Issue, 1 new share for every 8 shares held @ EUR 15.27 (Factor: 1.01065). 06/2009, Rights Issue, 2 new shares for every 3 shares held @ EUR 2.25 (Factor: 1.1859).