trending Market Intelligence /marketintelligence/en/news-insights/trending/bguzgkbqjlhpt4j3n365tw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

NH Hotel plans €250M bond redemption in Q2, closes €155M hotel sale in Q1

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

NH Hotel plans €250M bond redemption in Q2, closes €155M hotel sale in Q1

NH Hotel Group SA reported its first-quarter sales and results, noting recent activities and plans for the remainder of the year.

During the reporting quarter, the Spanish hotelier said it completed the €155.5 million sale and leaseback of the NH Collection Barbizon Palace hotel in Amsterdam. The 274-room property was sold to German asset manager Deka Immobilien in February, registering a net posttax cash worth roughly €122 million.

The trade was previously noted to result in an estimated accounting gain of €55 million in 2018 and the company will continue to operate the hotel through a long-term lease agreement.

Looking into the second quarter, the board resolved to carry out the early redemption of €250 million of its convertible bonds due November. The redemption will conclude NH Hotel's debt reduction initiative that commenced in 2015

For full-year 2018, the hotel operator confirmed its earnings before interest, taxes, depreciation and amortization forecast at €260 million.