Report
Fehmi Ben Naamane ...
  • Matthias Desmarais

NH Hoteles : Figures beat estimates overall but a sluggish recovery

>Figures a shade above estimates but an underperformance vs peers in Q4 - NH Hotels yesterday evening reported its FY 2021 results. The operating performance was slightly ahead of expectations The group revenues of € 834m (company consensus € 807m) were down 51% vs 2021, compared to -61% over the first 9M of the year. This figure reflects a RevPAR decline of 37% in Q4 vs 2019, a sequential improvement vs Q3 (-41%). Despite everything, the RevPAR performance in Q4 lagg...
Underlying
NH Hotel Group SA

NH Hotel is engaged in the operation and management of hotels throughout Spain, the Benelux countries, Germany, and South America.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Matthias Desmarais

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