NH Hotel Group earned 90 million in 2019, 11.4% less for atypical minors

Revenue per available room (RevPar) rose 4.9%, mainly due to strong growth in Spain NH Hotel Group has obtained a net profit of 90 million euros, 11.4% less than the 101.6 million a year earlier, when it was favored by increased asset turnover activity, according to the accounts sent to the National Securities Market Commission […]

Silken Hotels expects its sales to grow 12% in 2020

Silken Hotels plans to continue its growth during this year and its goal for 2020 is to grow in sales above 12% compared to the 2019 closing data, thanks in part to the expected increase of four or five establishments until the end of the year. This year 2020 is presented full of new projects […]

NH opens its first Collection in New York

The new NH Collection New York Madison Avenue, the first of the NH Hotel Group’s upper-upscale brand in North America, will open its doors shortly before next spring. Housed in a Neo-Renaissance Italian style building from the 1920s, the 288-room hotel offers privileged views of the Empire State Building. Among the hotel offer, a high-end […]

Hotels and travel agencies around the world allow free cancellation of reservations for the coronavirus

The main international hotel chains, especially those with a strong presence in China, are offering free cancellations for travelers who have reservations and decide to cancel their trip due to the coronavirus, the cause of Wuhan’s pneumonia and that has killed 132 people and almost 6,000 affected in thirty Chinese provinces. Millions of people reconsider […]

Pestana Hotel Group billed 450 million and increased its EBITDA by 5.8% in 2019

The Portuguese international tourism and leisure group Pestana Hotel Group has invoiced 450 million euros in its last fiscal year, 3.68% more than in 2018, increasing its gross operating result (Ebitda) by 5.88% more, up to exceed 180 million. This was announced by the Director of Development of Pestana, José Roquette, during the presentation of […]

NH Hotel Group signs an agreement with Covivio to manage eight high-end hotels

NH Hotel Group has reached an agreement with Covivio, one of the main real estate operators in Europe, with which it consolidates its commitment to the luxury segment, reinforces its position in Italy and increases its presence in destinations such as France or Eastern Europe. As reported by the company in a statement, this agreement […]