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3 months ago
BRIEF-NH Hotels Q1 recurring net loss narrows to 27.7 mln euros
May 11, 2017 / 6:47 AM / 3 months ago

BRIEF-NH Hotels Q1 recurring net loss narrows to 27.7 mln euros

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 Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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