NH Hotel Group SA is an multinational hotel company headquartered in Madrid, that operates over 350 hotels in 28 countries, currently under the Anantara, NH Collection, nhow Hotels, Tivoli, NH Hotels, Elewana Collection and Avani brands. NH Hotel Group offers luxury and up-scale modernly-furnished hotels, located primarily in Europe and Latin America. The company also manages luxury venues such as the prestigious Casino de Madrid. NH Hotel Group ranks third in the European ranking for business hotels. 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. Since 2018, NH Hotel Group is part of Minor Hotels, which is one of the fastest growing hospitality companies. The group made a total revenue of approximately US$4.6 billion in 2019. Minor Hotels manages in total more than 530 hotels, resorts and branded residences across five continents, being currently the 13th biggest hotel chain world-wide. Currently, the group has 80 new hotels in the pipeline scheduled to be opened from 2020 to 2024. Minor encompasses a total of 8 hotel brands, from its flagship luxury brand Anantara Hotels, Resorts and Spas, which is known for its high quality standards and the prime locations of its properties, and other brands like Avani, NH Collection, NH Hotels, Tivoli, nhow, Oaks and Elewana. The company also plans to launch a new luxury brand, M Collection, in 2021. Minor also has a portfolio of other related businesses such as private jets, shopping malls, luxury cruises and spas. Minor Hotels is part of publicly listed Minor International, one of the largest hospitality and leisure companies in Asia. Minor International is also known for its international retail and lifestyle brands, and its subsidiary, Minor Food Group, is one of Asia's largest restaurant companies, with more than 2100 outlets. Some of the restaurant chains that the company owns, are the luxury restaurant chain Corbin & King, and others like The Coffee Club, Benihana, The Pizza Company, Thai Express, Tablafina, Seen Restaurants and M Beach Club. The company is represented on the Dow Jones Sustainability Emerging Markets Index.
History
NH was founded in 1978 by Antonio Catalán. Throughout the 1980s, 1990s and 2000s, it made a series of acquisitions which increased its size to close to 400 hotels. In 2014, three brands were created to commercialize its properties: NH Hotels, NH Collection and nhow. The group has 380 hotels in 29 countries with over 53,000 rooms.
Shareholders
, HNA Group was the largest shareholder with 29.34% of shares. However, after HNA Group acquired the competitor of NH Hotel Group, Carlson Rezidor Hotel Group, 4 directors of NH Hotel Group that were nominated by HNA Group were removed by the company in mid-2016.
