Minor Hotels Europe & Americas S.A./€NHH

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About Minor Hotels Europe & Americas S.A.

Minor Hotels Europe & Americas, formerly known as NH Hotel Group, operates over 350 properties across 30 countries in Europe and the Americas, offering a diverse portfolio of hotel brands including NH Hotels, NH Collection, and nhow Hotels. The company was founded in 1978 with the opening of NH Ciudad de Pamplona Hotel in Spain and expanded significantly before being acquired by Minor International in 2018. In April 2024, it rebranded to align more closely with its parent company, Minor Hotels, enhancing its global corporate identity. The company focuses on the midscale to upscale hotel segments, catering to both business and leisure travelers. Its strategic positioning leverages the integration with Minor Hotels to accelerate global growth and strengthen its commercial and operational structure.

Ticker

€NHH

Primary listing

BME

Employees

14,637

NHH Metrics

BasicAdvanced
€2.8B
11.17
€0.58
1.51
-

Bulls say / Bears say

In H1 2025, revenue rose 5% to €1.206 billion and net profit surged 58% to €112 million, while net debt was cut to €114 million and €400 million in bonds were amortized, demonstrating strong cash flow and balance sheet repair (CincoDias).
RevPAR improved by 6% to €102 in H1 2025, reflecting robust demand recovery across both business and leisure segments in key markets like Spain and Italy (HFTP).
Fitch Ratings affirmed the BB- credit rating with a positive outlook in March 2025, underscoring the company’s enhanced credit profile and greater financing flexibility following strategic debt refinancings (HospitalityNet).
Q1 2025 net profit of €4 million was largely driven by a €26 million non-recurring gain from asset disposals, masking weaker underlying profitability (HospitalityNet).
Despite recent debt reduction, net financial debt remained at €207 million after Q1 2025, and the €400 million senior secured notes maturing in 2026 pose refinancing risk in a higher-rate environment (HospitalityNet).
The planned delisting will remove the stock from BME, drastically reducing liquidity and hampering price discovery for minority shareholders, some of whom have already voiced discontent over the €6.51 per share offer (CincoDias).
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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