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SIGNIFICANT MILESTONES
ACHIEVED IN 2015
CHANGE IN THE PRESIDENCY OF THE GROUP
On 23 September 2015 the Board of Directors of NH Hotel Group appointed
Charles Bromwell Mobus (former non-Executive Director representing HNA)
and José Antonio Castro Sousa (non-Executive Director representing GIHSA)
as the Joint Chairmen (non-executive) of the Company’s highest governance
body. The decision, taken after the departure of the outgoing Chairman, was
reached unanimously and with the support of all of its directors. The Board
also appointed Alfredo Fernández Agras (former non-Executive Director
representing Oceanwood) as the Company’s new Vice-Chairman.
During this meeting, the Company’s directors expressed their utmost
commitment to the Group’s current vision and the various initiatives being
implemented under the scope of its five-year Strategic Plan.
ACQUISITION OF HOTELES ROYAL
In March 2015, NH Hotel Group entered into an agreement for the acquisition of
the Latin American chain Hoteles Royal. The company, of Colombian origin, is
focused on the development and management of city hotels and is a benchmark
player in the corporate segment. The agreement enabled NH Hotel Group to add
20 hotels and 2,185 rooms divided between Colombia (15 hotels), Chile (4 hotels)
and Ecuador (1 hotel). The mix of contracts used by Hoteles Royal fits with the
expected growth model by NH Hotel Group for the years to come. Hoteles Royal
establishments provide a homogenous and consistent product which presents
a strong match with the high standards upheld by NH, which facilitates the
integration of these new properties into the Company’s portfolio.
In 2015, Hoteles Royal fully changed the signage of the 20 hotels of the chain,
10 of which have been brought under the NH Collection brand. Moreover, a high
percentage of the operating synergies identified were achieved in this period.
NH WINS THE GLOBAL TENDER TO OPERATE THE LARGEST HOTEL IN
BENELUX
After a highly competitive contest, NH Hotel Group’s ‘nhow Amsterdam RAI’
project was chosen as the winning hotel concept by the City of Amsterdam
and Amsterdam RAI. The new building will open its doors in 2018 under the
nhow brand and it will be the largest hotel in the Benelux area. It will be
located at the Amsterdam RAI complex, one of the largest exhibition and
conference centres in The Netherlands. With the addition of this iconic hotel,
its 650 rooms, 25 floors and a height of 91 meters, the Amsterdam skyline will
change and NH Hotel Group will operate 13 hotels in the city.
NH Collection Frankfurt City
Frankfurt, Germany
NH HOTEL GROUP
Key figures
