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NH Hotel Group S.A ( (ES:NHH) ) just unveiled an announcement.
Minor Hotels Europe & Americas reported a significant financial performance in 2024, with a 12% increase in total revenues, amounting to 2,427 million euros. The company’s strategic focus on portfolio optimization and operational efficiency has driven its EBITDA up by 14%, reaching 680 million euros. The average daily rate rose by 5.6%, and occupancy rates improved, indicating robust demand and successful pricing strategies. The company remains cautiously optimistic for 2025, with strong performance across all regions.
More about NH Hotel Group S.A
Minor Hotels Europe & Americas is a company operating in the hospitality industry, offering hotel services and accommodations across Europe and the Americas. The company focuses on optimizing its portfolio, controlling costs, and achieving operational efficiency.
Average Trading Volume: 2,276
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.75B
See more data about NHH stock on TipRanks’ Stock Analysis page.