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Immediate Plans for NH Hotel Group
Minor International NH Hotel Group’s Proposed Tender Offer July 2018 STRICTLY PRIVATE & CONFIDENTIAL Disclaimer Statements included or incorporated in these materials that use the words "believe", "anticipate", "estimate", "target", or "hope", or that otherwise relate to objectives, strategies, plans, intentions, beliefs or expectations or that have been constructed as statements as to future performance or events, are "forward-looking statements" within the meaning are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated at the time the forward-looking statements are made. MINT undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. MINT makes no representation whatsoever about the opinion or statements of any analyst or other third party. MINT does not monitor or control the content of third party opinions or statements and does not endorse or accept any responsibility for the content or the use of any such opinion or statement. This presentation (the Presentation) has been prepared by Minor International Public Company Limited (the Company) in connection with the proposed tender offer (the VTO) to be carried out by MHG Continental Holding (Singapore) Pte. Ltd., a wholly owned subsidiary of the Company, over the shares of NH Hotel Group, S.A. (NH) in accordance with the VTO public announcement published on June 11, 2018, on the website of the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores or CNMV) as hecho relevante with registry number 266649. -
The Las Vegas Strip 50515 50K 07/2015 50K 50515
THE LAS VEGAS STRIP THE LAS VEGAS STRIP Alexis Park All Suites Resort 375 E. Harmon Ave. K-9 Hampton Inn Tropicana 4975 S. Dean Martin Dr. B-9 12 11 10 9 8 7 6 5 4 3 2 1 www.alexispark.com 702-796-3300 800-582-2228 www.hamptoninntropicana.com 702-948-8100 877-584-6835 MESQUITE TO WYNN — AMERICA SUITES OF BUDGET FLAMINGO RD FLAMINGO INN SOUTH RESIDENCE WN SQ MARRIOTT Best Western Mesquite Inn 390 N. Sandhill Blvd. H-2 A A Americas Best Value Inn 167 E. Tropicana Ave. H-10 www.bestwesternmesquiteinn.com 702-346-7444 800-931-8376 THE ORLEANS www.americasbestvalueinn.com 702-795-3311 888-315-2378 UA RE Hard Rock Hotel & Casino 4455 Paradise Rd. K-9 CasaBlanca 950 W. Mesquite Blvd. E-2 BUDGET SUITES NORTH ARIA Resort & Casino 3730 Las Vegas Blvd. S. F-8 — TROPICANA NOTE: MAP IS NOT MAP IS NOT NOTE: OF AMERICA SUITES SIEGEL www.hardrockhotel.com 702-693-5000 800-473-7625 Hotel – Casino – Golf – Spa 702-346-7529 877-438-2929 MANDALAY MANDALAY www.arialasvegas.com 702-590-7111 866-359-7757 PALMS PLACE PALMS CONVENTION LEGEND www.casablancaresort.com CENTER DELANO B B WILD WE Bally’s Las Vegas 3645 Las Vegas Blvd. S. I-7 AIRPORT OTHER HOTELS INFORMATION Desert Palms Motel 92 W. Mesquite Blvd. G-2 DA FOUR SEASONS FOUR www.ballyslasvegas.com 702-739-4111 800-634-3434 YS HAMPTON INN HAMPTON 702-346-5756 BA Harrah’s Las Vegas 3475 Las Vegas Blvd. S. K-5 TROPICANA INN Y Bellagio 3600 Las Vegas Blvd. -
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-Mail: [email protected]
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-mail: [email protected] Internet: http://www.cubatrade.org • Twitter: @CubaCouncil Facebook: www.facebook.com/uscubatradeandeconomiccouncil LinkedIn: www.linkedin.com/company/u-s--cuba-trade-and-economic-council-inc- If NH Hotel Group Is Sued Using Libertad Act, One Defendant Would Be Former U.S. Citizen Who Now Controls Company Madrid, Spain-based NH Hotel Group (2018 revenues approximately US$1.8 billion), which is 94.13% owned by Bangkok, Thailand-based Minor International Public Company Limited (2018 revenues approximately US$2 billion). LINK: https://www.minor.com/en NH Hotel Group manages two properties in the Republic of Cuba: 220-room NH Capri La Habana and 31- room NH Collection Victoria La Habana and one property in the United States: 288-room NH Collection New York Madison Avenue. “William Heinecke is the chairman and CEO of hospitality group Minor International, the company he founded as a cleaning business when he was 17 — still a minor — four years after relocating to Bangkok with his family. Throughout his 20s and 30s, it evolved into one of Thailand’s leading hospitality chains, and Heinecke said he felt he owed it to the country that “adopted” him to show his dedication to doing business there. Eight years after becoming a naturalized Thai citizen in 1991, William Heinecke was 42 when he did something drastic: He walked into the U.S. embassy in Bangkok, handed over his passport and renounced his citizenship.” “He holds an Honorary Doctorate of Business Administration in Management from Yonok University, Lampang. -
Quarterly Newsletter – Q2 2014
30 Warwick Street London W1B 5NH www.jll.com/hospitality EMEA Quarterly Newsletter – Q2 2014 Industry Trends • According to the World Travel & Tourism Council (WTTC), demand for international tourism remained strong in the first four months of 2014. International tourism arrivals grew 5%, the same rate as full year 2013. Prospects for the current peak tourism season remain very positive with over 450 million tourists expected to travel abroad in the May-August 2014 period. • Destinations worldwide received 317 million international overnight visitors between January and April 2014, 14 million more than in the same period of 2013. This 5% growth consolidates the strong increase registered for 2013 and is well above the long-term trend projected by the UNWTO for the period of 2010-2020 (3.8%). • The strongest growth was seen in Asia and the Pacific and the Americas (both up 6%), followed closely by Europe and Africa (up 5%). By sub-region, Northern Europe, South and Mediterranean Europe, North Africa and South Asia (all up 8%) were the star performers. • In terms of tourism expenditure, growth continues to be strong from emerging markets, in particular China, the Russian Federation, Saudi Arabia and India. Furthermore, demand from advanced economies is strengthening as the global economic situation gradually improves, with encouraging growth posted for Italy, Australia, the Republic of Korea, the Netherlands, Norway and Sweden. • According to the UNWTO confidence index, prospects remain very positive for the period May- August 2014. Confidence has picked up, particularly among the private sector, and improved further in Europe, the Americas, Asia and the Pacific and the Middle East. -
Luxury Holidays New Options to Highlight to Discerning Clients
TB 1108 2017 Cover 09/08/2017 14:23 Page 3 August 11 2017 | ISSUE NO 2,026 | travelbulletin.co.uk Luxury Holidays New options to highlight to discerning clients this week at home with eileen puzzle bulletin cruise bulletin 20 8 11 13 winter sun find out what Travel play Su doku for your a round-up of new Counsellor Eileen chance to win a £50 itineraries, shore operators unveil new Saunders has been up to M&S voucher excursion options & deals programme additions for 2017/18 S01 TB 1108 2017 Start_Layout 1 08/08/2017 15:53 Page 2 S01 TB 1108 2017 Start_Layout 1 08/08/2017 15:54 Page 3 newsbulletin Carnival time! CARNIVAL CRUISE Line recently took 11 Virgin Holidays’ agents on a seven-night fam trip on Carnival Vista. The group flew into Miami and the following day boarded Vista for a six-night Caribbean cruise during which the agents got to experience all of the facilities such as Skyride, Kaleid-O-Slide at Waterworks and Playlist Productions, the onboard shows. They also learnt about the line's partnership with Dr Seuss and watched the Dr Seuss parade and story time. In addition to eating at all the dining venues, the group was treated to a chef’s table experience during which they got to dine in the exclusive restaurant in the galley where they were served a specially designed eight-course menu and were able to watch the food being prepared. Whilst on shore the group experienced a Grand Cayman shore excursion in 4x4’s and finished the day with an afternoon at Tiki Beach. -
Federico J. González
THE CONVERSATION Radisson Hotel Group FEDERICO J. GONZÁLEZ The hotel group’s Chairman of the Global Steering Committee tells Andy Hoskins about his company’s transformation and its grand aspirations ighteen months have passed since “Jinjiang is very focused on hotels whereas segment that are competing against each Federico J. González joined the [current owners] HNA are more dispersed other in the same town or neighbourhood. E Radisson Hotel Group and he has in different sectors, so I think you can Our investors and hotel owners know they already overseen a re-brand of the two expect to see significant growth across all won't be competing against another Radisson arms of the company (based in Brussels our brands in China,” says González. in the same segment in the same town.” and Minneapolis) and implemented a And in a world of big brand mergers and If the group has a weakness it is perhaps five-year plan to “transform the company acquisitions, could Radisson and Jinjiang up its relatively uneven distribution of brands, in terms of revenue and reputation”. the ante? “I think so. We have a very strong, with Radisson Blu and Park Plaza strong in Previously known as the Carlson Rezidor aggressive five-year growth plan but that is Europe, for example, while Radisson hotels Hotel Group, the change of title brought the without factoring in any acquisitions. There and Country Inn and Suites are abundant Radisson name – its best-known brand – is already a significant amount of revenue across North America. to the fore, ditching the incongruous and profit potential in the existing business. -
Board of Directors' Report
Santa Engracia, 120, 7 Main Building 28003 Madrid, Spain www.nh-hotels.com In compliance with the provisions of Article 17 of Regulation (EU) 596/2014 of 16 April 2014 on Market Abuse and Article 228 of the Securities Market Act, approved by Royal Legislative Decree 4/2015, of 23 October, and its complementary regulations, NH Hotel Group, S.A. (hereinafter, “NH Hotel Group” or the “Company”) hereby notifies the National Securities Market Commission (Comisión Nacional del Mercado de Valores) the following RELEVANT EVENT Reference is made to the Relevant Facts dated 2 and 5 October 2018 (under registration numbers 270,111 and 270,236, respectively) in which the Spanish Securities Market Commission (Comisión Nacional del Mercado de Valores) disclosed the authorisation and acceptance period of the mandatory takeover bid (the “Bid”) launched by MHG Continental Holding (Singapore) Pte. Ltd (the “Bidder”) (a company fully owned by Minor International Public Limited) for all the shares representing the share capital of NH Hotel Group at an initial price of 6.30 euros per share. In accordance with article 134.4 of the restated text of the Spanish Securities Market Act, approved by Royal Legislative Decree 4/2015 of 23 October and articles 24 and 31.6 of Royal Decree 1066/2007 of 27 July on the rules applicable to takeover bids for securities, the Company submits the mandatory Report from the Board of Directors of NH Hotel Group in relation to the mandatory takeover bid, approved at the meeting held on the date hereof by the majority vote of the directors in attendance. -
Global Hospitality Monitor
Global Hospitality Monitor July 26, 2021 LTM Share Price Performance Weekly Movers North American Hotel REITs Top 5 Performers One Week % Change NH Hotel Group SA 5.8% 200 Avingstone North America Hotel REIT Index Hilton Worldwide Holdings Inc. 4.6% S&P REIT Index 180 Whitbread Plc 3.7% Marriott International Inc. 3.1% 160 Playa Hotels & Resorts NV 2.7% 140 Top 5 Laggards One Week % Change 120 Central Plaza Hotel Public Co Ltd (9.9%) 100 Banyan Tree Holdings Ltd (9.0%) Ashford Hospitality Trust Inc. (6.7%) 80 Hong Kong & Shanghai Hotels/The (5.6%) Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Huazhu Hotels Group (5.2%) North American Hotel Stocks Ind ustry Intelligence & Commentary 200 Avingstone North America Hotel Index 23 Jul: Star Entertainment, the Australia-listed hotel and casino group, S&P 500 Index 180 announced that it withdrew a A$9 billion (US$6.6 billion) buyout proposal for Crown Resorts, the Australia-listed hotel and casino group, over concerns that 160 Crown could lose its license to run its Melbourne casino property. Star said it might consider a tie-up with Crown but was concerned about the impact on its 140 value “including whether it retains the license to operate its Melbourne casino 120 or the conditions under which its license is retained”. 100 22 Jul: Pebblebrook Hotel Trust, the US-listed hospitality real estate investment trust, announced the acquisition of the 200-key Jekyll Island Club 80 Resort in Georgia for US$94 million (approx. -
NH Hotel Group and the Challenges of the Hotel Sector in Spain. Economic and Financial Analysis of the Company and Its Major
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Repositorio da Universidade da Coruña Faculty of Business and Economics Graduate Thesis NH Hotel Group and the challenges of the hotel sector in Spain Economic and financial analysis of the company and its major competitor in the sector Laura Santaolalla Lorenzo Tutoress: María Flora Muíño Vázquez Degree in Business Management (Bilingual) Year 2016 Final Degree Project presented at the Faculty of Business and Economics of the University of A Coruña to obtain the degree in Business Management (Bilingual) NH Hotel Group and the challenges of the hotel sector in Spain Abstract The numerous difficulties and challenges brought on by the economic and financial crisis for tourism in Spain, a key industry for the Spanish economy because of its great contribution to the GDP, makes it very interesting to examine what is the current environment and future perspectives of tourism in Spain and, more specifically, of the hotel sector due to its great relevance and economic impact. Once established this framework, the main objective of this graduate thesis is to conduct a review of the internal situation of NH Hotel Group, one of the two listed companies of the hotel sector in Spain. The methodology applied has been conducting an economic and financial analysis of the company by studying in depth its annual accounts along with the calculation and interpretation of relevant ratios, based on information obtained from the CNMV, the SABI database, and the consolidated financial statements of the company covering the period 2007-2014 (latest publication of its annual accounts at the starting date of this paper). -
2020 Las Vegas Hotels
P E I C O N V E NTI O N AT T H E N A C S S H O W - - O c t o ber 1 1-1 4 2 0 2 0 2 020 L AS V E G A S H O T E L S PEI HOTELS ARE INDICATED IN RED 2020 1. ARIA Resort & Casino 1. ARIA Resort & Casino 2. Bellagio 2. Bellagio 21 3. Caesars Palace 3. Caesars Palace 20 4. *Courtyard by Marriott Convention Center 10 4. *Courtyard by Marriott Convention Center 11 5. Elara, a Hilton Grand Vacations Hotel 5. Elara, a Hilton Grand Vacations Hotel 6. *Embassy Suites Convention Center 29 6. *Embassy Suites Convention Center 7. Flamingo Las Vegas 22 7. Flamingo Las Vegas 8. *Hampton Inn & Suites Las Vegas Convention Center 8. Harrah’s Las Vegas 9. Harrah’s Las Vegas 13 CONVENTION 9. Hilton Grand Vacations Club on the Las Vegas Strip 19 CENTER 10. Hilton Grand Vacations Club on the Las Vegas Strip 27 4 11. *Hilton10. *Hilt onGrand Grand Vacations Vacations onon PaParadiseradise 8 11. Las Vegas Marriott Convention Center 30 18 12. *Home2 Suites by Hilton Las Vegas Convention Center 12 13. *Las12. MGM Vegas Gr andMarriott Hotel & ConventionCasino Center 6 14. MGM13. New Grand York-New Hotel Yo r&k HoCasinotel & Casino 15. New14. Pa York-Newris Las Vegas York Hotel & Casino 25 16. Paris15. Pa Lasrk MGM Vegas / NoMad Las Vegas 9 17. Park16. *R MGMenaissan / NoMadce Las Vegas Las HoVegastel 24 18. *Renaissance17. *Residence LasInn bVegasy Marr Hoteliott Convention Center 3 7 26 19. -
Off* for Visitors
Welcome to The best brands, the biggest selection, plus 1O% off* for visitors. Stop by Macy’s Herald Square and ask for your Macy’s Visitor Savings Pass*, good for 10% off* thousands of items throughout the store! Plus, we now ship to over 100 countries around the world, so you can enjoy international shipping online. For details, log on to macys.com/international Macy’s Herald Square Visitor Center, Lower Level (212) 494-3827 *Restrictions apply. Valid I.D. required. Details in store. NYC Official Visitor Guide A Letter from the Mayor Dear Friends: As temperatures dip, autumn turns the City’s abundant foliage to brilliant colors, providing a beautiful backdrop to the five boroughs. Neighborhoods like Fort Greene in Brooklyn, Snug Harbor on Staten Island, Long Island City in Queens and Arthur Avenue in the Bronx are rich in the cultural diversity for which the City is famous. Enjoy strolling through these communities as well as among the more than 700 acres of new parkland added in the past decade. Fall also means it is time for favorite holidays. Every October, NYC streets come alive with ghosts, goblins and revelry along Sixth Avenue during Manhattan’s Village Halloween Parade. The pomp and pageantry of Macy’s Thanksgiving Day Parade in November make for a high-energy holiday spectacle. And in early December, Rockefeller Center’s signature tree lights up and beckons to the area’s shoppers and ice-skaters. The season also offers plenty of relaxing options for anyone seeking a break from the holiday hustle and bustle. -
Construction Projects
LAS VEGAS TOURISM CONSTRUCTION BULLETIN Resort & Other Destination Amenities* Condensed Summary (As of: June 13, 2018) Convention Add'l Hotel Est. Year-End Construction Cost Space Timeshare Rooms Room Count (Millions) (Sq Ft) Units Las Vegas Room Inventory 148,896 (as of Dec 31, 2017) Projects scheduled to open in 2018 $1,420 553,600 120 741 149,637 Projects scheduled to open in 2019 $963 126,000 - 1,052 150,689 Projects scheduled to open in 2020 $10,326 2,601,351 - 8,427 159,116 Projects scheduled to open in 2021 and Beyond $4,166 517,000 - 5,188 164,304 Combined Total (2018 and Beyond) $16,875 3,797,951 120 15,408 *NOTE: The above recap reflects significant projects, room closures, expansions and additions to the room inventory, but is not a comprehensive list of development. Page 1 of 4 LAS VEGAS TOURISM CONSTRUCTION BULLETIN Resort & Other Destination Amenities* Current & Future Projects (As of: June 13, 2018) 2018 Convention Time- Completion Cost Changes and/or Space Share Hotel Name of Property Location Date (Millions) New Amenities (Sq Ft) Units Rooms The Palazzo Resort - Hotel - Casino 3325 Las Vegas Blvd S Jan 2018 N/A Room Renovations Park MGM 3770 Las Vegas Blvd S Jan 2018 N/A Phase I - New Convention Space 77,000 (rebrand Monte Carlo Resort and Casino) The Westin Las Vegas Hotel & Spa 160 E Flamingo Rd Jan 2018 N/A Property-Wide Renovations Transformed into Non-Gaming/Non-Smoking ARIA Resort & Casino 3730 Las Vegas Blvd S Feb 2018 $170 Add'l 200,000 sf of Meeting Space/ 200,000 4-stories Hilton Garden Inn Las Vegas City Center