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NH Prepares the Sale of a Hotel Portfolio for €200 Million

The Spanish hotel chain is working with investors to analyse the sale of up to five hotels located in different European countries.

nh wien belvedere hotel 1
NH Hotel in Vienna.

The NH Group hotel chain has initiated contact with investors regarding the sale of a portfolio containing four or five hotels located in several European countries.

NH’s intention is to divest consolidated and non-strategic assets and to keep them under its management through the sale & leaseback formula. In terms of the hotels included in the divestment plans, there are several located in Germany, the Netherlands and Portugal. However, none of the major establishments in Spain are expected to be affected, according to El Economista.

Read the full article in Spanish.


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