Edition:
India

NH Hotel Group SA (NHH.MC)

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

4.50EUR
1:38pm IST
Change (% chg)

€0.01 (+0.13%)
Prev Close
€4.49
Open
€4.50
Day's High
€4.50
Day's Low
€4.47
Volume
2,442
Avg. Vol
35,807
52-wk High
€6.82
52-wk Low
€3.82

Latest Key Developments (Source: Significant Developments)

NH Hotels Says Formalized Operational Integration Of Minor International Hotels In Portugal
Thursday, 27 Jun 2019 

June 27 (Reuters) - NH Hotel Group SA ::SAYS FORMALIZED OPERATIONAL INTEGRATION OF MINOR INTERNATIONAL HOTELS IN PORTUGAL.MINOR INTERNATIONAL HAS AGREED TO SELL 3 HOTELS IN LISBON TO FUNDS MANAGED BY INVESCO REAL ESTATE, WHICH WILL BE OPERATED BY NH HOTEL GROUP.AGREES WITH MINOR INTERNATIONAL TO MANAGE 9 HOTELS IN PORTUGAL AND MANAGEMENT ADVISORY AT ITS TWO ESTABLISHMENTS IN BRAZIL.INTEGRATION INTO NH OF MINT'S ENTIRE HOTEL OPERATION IN PORTUGAL AND BRAZIL TO REPRESENT ANNUAL CONTRIBUTION OF ABOUT 13 MILLION EUROS IN EBITDA FOR NH.  Full Article

NH Hotels Reports On Accounting Application Of Hyperinflation In Argentine Units
Monday, 6 May 2019 

May 6 (Reuters) - NH Hotel Group SA ::TO REPORT ON ACCOUNTING APPLICATION OF HYPERINFLATION IN ARGENTINE UNITS.COMPARATIVE FIGURES FOR FY 2018 TO BE CORRECTED IN FY 2019 RESULTS.CONSIDERS THAT THIS CIRCUMSTANCE DOES NOT REPRESENT VERY SIGNIFICANT IMPACT ON FY 2018 AND DOES NOT JUSTIFY REFORMULATION OF ACCOUNTS.  Full Article

Repsol Remains Sole Provider Of Electricity For NH In Spain Until Dec. 2021
Thursday, 11 Apr 2019 

April 11 (Reuters) - Repsol ::SAYS REMAINS THE SOLE PROVIDER OF ELECTRICITY SUPPLY FOR NH HOTEL GROUP IN SPAIN UNTIL DECEMBER 2021.  Full Article

NH Hotels Signs Framework And Master Licensing Agreement With Minor
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Nh Hotels ::SIGNS FRAMEWORK AGREEMENT AND A RECIPROCAL MASTER LICENSING AGREEMENT WITH MINOR INTERNATIONAL <<>>.BOTH COMPANIES LICENSE THE OTHER PARTY THE USE OF ITS CORRESPONDING COMMERCIAL BRANDS.  Full Article

NH Hotels Offers To Repurchase EUR 400.0 Mln Senior Secured Notes Due 2023
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - NH Hotel Group SA ::SAYS OFFERS TO REPURCHASE AND CANCEL EUR 400.0 MILLION SENIOR SECURED NOTES DUE 2023.REPURCHASE OF NOTES TO OCCUR ON NOV. 12 AT PRICE OF ABOUT 101.427 PERCENT OF PRINCIPAL AMOUNT.  Full Article

Minor International To Maintain NH Hotels Dividend Payout Objective
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Minor International ::SAYS FILES FOR OBLIGATORY FULL TAKEOVER OF SPAIN'S NH HOTELS <<>> AT 6.40 EUROS PER SHARE.SAYS INCLUDING 0.10 EURO DIVIDEND, ADJUSTED OFFER PRICE IS 6.30 EUROS PER SHARE.REITERATES INTENTION TO KEEP NH HOTEL GROUP AS A LISTED COMPANY.SEES NH HOTELS DIVIDEND PAYOUT OBJECTIVE OF AROUND 50 PCT OF NET RECURRING INCOME.SEES TO SUPPORT NH HOTELS EBITDA TARGETS FOR 2019 AT EUR 285 MILLION - EUR 290 MILLION.SEES TRANSACTION TO BE TENTATIVELY COMPLETED BY OCTOBER 2018.  Full Article

Minor International Says Co Intends To Submit Binding Offer NH Hotel Group S.A. Shares
Thursday, 31 May 2018 

May 31 (Reuters) - Minor International PCL ::IS PARTICIPATING AS POTENTIAL BIDDER IN SALE PROCESS OF NH HOTEL GROUP S.A. SHARES, CO CURRENTLY INTENDS TO SUBMIT BINDING OFFER.A FINAL DECISION ON THE BID HAS NOT YET BEEN ADOPTED, NOR ABOUT THE PRICE AND OTHER TERMS AND CONDITIONS OF THE OFFER.  Full Article

Minor International Pcl Says Unit To Buy 30 Mln Shares Of NH Hotel Group S.A. For EUR 192 Mln
Wednesday, 23 May 2018 

May 23 (Reuters) - Minor International Pcl ::UNIT TO BUY 30 MILLION SHARES OF NH HOTEL GROUP S.A., FOR EUR 192 MILLION.UNIT BUYING SHARES IN NH HOTEL GROUP S.A FROM OCEANWOOD GROUP.  Full Article

NH Hotels FY Recurring EBITDA Up 28.9 Pct YoY
Thursday, 1 Mar 2018 

March 1 (Reuters) - NH Hotel Group SA ::SAID ON WEDNESDAY FY TOTAL REVENUE 1.57 BILLION EUROS VERSUS 1.47 BILLION EUROS YEAR AGO.FY RECURRING EBITDA BEFORE ONEROUS 233.1 MILLION EUROS VERSUS 180.9 MILLION EUROS YEAR AGO.FY RECURRING NET PROFIT 34.8 MILLION EUROS VERSUS 11.5 MILLION EUROS YEAR AGO.FY NET PROFIT INCLUDING NON-RECURRING 35.5 MILLION EUROS VERSUS 30.8 MILLION EUROS YEAR AGO.FY REVPAR UP 8.5 PERCENT AT 67.4 EUROS VERSUS 62.1 EUROS YEAR AGO.FY OCCUPANCY RATE AT 70.8 PERCENT VERSUS 68.4 PERCENT YEAR AGO.TO PROPOSE A GROSS DIVIDEND OF 0.10 EURO PER SHARE.THE BUSINESS PLAN IN PROGRESS CONTEMPLATES EBITDA GUIDANCE FOR 2018 OF 260 MILLION EUROS COMBINED WITH A SIGNIFICANT REDUCTION IN THE NET LEVERAGE RATIO.  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

BRIEF-NH Hotels To Exceed 2018 Ebitda Guidance

* SAID ON THURSDAY IT EXPECTS TO EXCEED 2018 EBITDA GUIDANCE OF 260 MILLION EUROS ANNOUNCED AT THE END OF 2018