NH Hoteles is one of the top 25 hotel groups in the world and one of the main European players. The group operates almost 400 hotels with around 60,000 rooms in 26 countries. Its hotel network is mainly located in Europe and Latin America with a special focus on 3-4star business city hotels. Originally a Spanish group, today NH Hoteles is well diversified into five key markets: Benelux (more than 50% of EBITDA), Germany, Italy, Spain and LatAm (mainly Argentina and Mexico).
The company has boosted its growth through a combination of acquisitions (in the past: Krasnapolsky in Benelux, Chartwell in Mexico, Astron in Germany, Framon and Jolly in Italy) and dynamic organic expansion. NH Hoteles also retains a well know luxury real estate development in Spain (Sotogrande).
Free-float is around 32% while main shareholders include Hesperia (25%) and several Spanish financial institutions.
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