The new hotels will sit under eight brands including NH Hotels, NH Collection, nhow, Tivoli, Anantara, Avani, Elewana and Oaks, totalling 10,106 rooms.
The eight Anantara properties will include Anantara The Marker Dublin, Anantara Convento Di Amalfi, Anantara Royal Vila Viçosa Resort, Anantara Ubud Bali Resort, Anantara Koh Yao Yai Resort, Anantara Mina Al Arab Ras Al Khaimah Resort, Anantara Sharjah Hotel & Residences and Anantara Riyadh Resort.
By the end of 2024 NH Hotel Group will open 27 hotels in Europe and the Americas. These will include three Tivoli hotels, (Tivoli Alvor Algarve Resort, Tivoli La Caleta Resort and Tivoli Doelen) and four NH Collection hotels (NH Collection Frankfurt Spin Tower, NH Collection Cagliari, NH Collection Milano Touring and NH Collection Bodega Sogevinus).
Minor Hotels will open 23 hotels in Asia over the next two years. Of these, seven will be the first openings of the NH Collection brand in Asia, with two in Qatar, two in Dubai, two in China and one in Thailand. The expansion will also mark the arrival of the NH Hotels & Resort brand in Asia, with three hotels in China and one in Thailand.
NH Hotel Group reported that its revenue figure in 2022 will be close to €1.750 million – higher than reported in 2019 – which it attributed to “the solid commercial strategy focused on prices”. It also exceeded 2019 gross operating profit (EBITDA) from the second quarter of 2022 onwards, following the impact of the Omicron Covid-19 variant in early 2022. Including the first quarter, the group estimates that full year EBITDA will be around 85% of the same figure in 2019.
