NH Hotel Group explained

NH Hotel Group
Type:Public
Area Served:Worldwide
Hq Location Country:Spain
Parent:Minor Hotels
Industry:Hospitality
Hq Location City:Madrid

NH Hotel Group is a Spanish hotel chain headquartered in Madrid, Spain that operates over 350 hotels in 35 countries.[1] The group operates under the umbrella of Minor Hotels, following the latter's acquisition of a majority stake in NH Hotel Group in late 2018.[2]

History

NH ("Navarra Hoteles", named after the region in Spain) was founded in 1978 by Antonio Catalán.[3] Throughout the 1980s, 1990s, and 2000s, it made a series of acquisitions (Jolly Hotels in Italy, Krasnapolsky in the Netherlands, Astron Hotels in Germany).

Operations

NH Hotel Group offers luxury and upscale hotels, located primarily in Europe and Latin America using the brands NH Hotels, NH Collection, and nhow Hotels.[3] It also manages luxury venues such as the Casino de Madrid. The group has over 350 hotels in 35 countries.[4]

Corporate information

Since 2018, NH Hotel Group is part of Minor Hotels, an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 550 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas.[5]

NH Hotel Group is listed on the Madrid Stock Exchange, where the shares of NH Hotel Group is a constituent of the Madrid Stock Exchange General Index. The shares are also traded on the OTC Market.

Notes and References

  1. "Contact us .", NH Hotels Group. Retrieved on 24 January 2011. "Address: Investor Relations Department c/ Santa Engracia 120 28003 Madrid."
  2. Web site: Ltd . Jacobs Media Group . WTM 2018: Anantara parent company acquires 94% stake in NH Hotel Group . 2024-02-09 . Travel Weekly . en.
  3. https://www.nh-hotels.com/en/corporate/about-nh nh-hotels.com - About
  4. Web site: NH Hotels – Hotel Directory. NH Hotels. 15 November 2018.
  5. Web site: About Us . 2024-02-09 . About Us . en.