2021 Brochure
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Hotel Koe, Tokyo
Best Urban Hotels 2018 OUR JUDGES Jasmi Bonnén Beauty entrepreneur, Copenhagen Aric Chen Design curator, Shanghai Natasha Jen Designer, New York Cherine Magrabi Creative director, Beirut Fernanda Marques Architect, São Paulo Makgati Molebatsi Art consultant, Johannesburg BEST OF THE REST Almanac, Barcelona Ace Hotel, Chicago Nobis, Copenhagen Mondrian Doha, Doha Bulgari Resort, Dubai Eden Locke, Edinburgh Puro, Gdańsk The Fontenay, Hamburg Macq 01, Hobart The Murray, Hong Kong Room Mate Emir, Istanbul Hallmark House Hotel, Johannesburg Verride Palácio Santa Catarina, Lisbon The Mandrake, London The Principal, London ban The NoMad, Los Angeles Ur Ho st t e e Hotel Monville, Montreal ls B 2 Roomers, Munich 0 1 8 Freehand, New York Winner Made, New York Moxy Times Square, New York Moxy Osaka Honmachi, Osaka Hôtel National des Arts et Métiers, Paris W Panama, Panama City The Hoxton, Paris Tribe Hotel, Perth Dream world Fera Palace Hotel, Salvador This year’s Best Urban Hotel, a fantastically furnished Sicilian palazzo, The Middle House, Shanghai plus three runners-up, as voted for by our jet-setting judging panel The Sukhothai, Shanghai Andaz, Singapore Six Senses Duxton, Singapore Asmundo di Gisira Paramount House Hotel, Sydney Catania The Vera, Tel Aviv The Broadview, Toronto Like many palazzi, Asmundo di Gisira, the public space celebrates the myth of FROM ABOVE LEFT, Hotel Indigo, Warsaw a converted 18th-century pile in Sicily’s Billonia, with a painting of the goddess by CEMENT TILES IN THE COVERED COURTYARD; second largest city, hides -
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. -
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. -
Amsterdam Rate Growth Paves the WAY MARKET PULSE July 2019
Amsterdam Rate Growth Paves the WAY MARKET PULSE JuLY 2019 AIRPORT PASSENGERS (Schiphol TourisT Arrivals – 2018 AIRPORT) – TTM APRIL 2019 BEDNIGHTS – 2018 conference market – 2018 5.5% yoy 9.7% yoy 6.9% yoy 9.8% yoy 8.7 million 77.5 million 17.0 MILLION 123 MEETINGS MARKET PROFILE ECONOMIC INDICATORS – THE NETHERLANDS Amsterdam is in the province of North Holland, in the heart of 24-MONTH 2018A 2019F the Randstad, Europe’s sixth-largest metropolitan area. The FORECAST city of Amsterdam is the capital and the largest city in the Netherlands, with a population of just over 850,000 recorded GDP GROWTH (%) +2.6 +1.6 in 2018. While Amsterdam is known globally for its historic canals, art museums (Rijksmuseum, Van Gogh Museum), red- light district and ‘coffee’ shops, it is also a significant European CPI (%) +1.6 +2.6 financial centre. Approximately 2,000 foreign companies have established offices in the Amsterdam metropolitan area, and UNEMPLOYMENT (%) 3.8 3.7 more than 200 of these companies have headquarters in the city. The Dutch capital is consistently ranked among the best Sources: Economist Intelligence Unit; IMF cities in which to live and has become an increasingly popular gateway destination thanks to its excellent connectivity via Schiphol Airport, the port of Amsterdam and high-speed rail services such as Eurostar. VISITATION – THE NETHERLANDS (000s) 10,000 TOURISM DEMAND International Domestic Overall visitation to Amsterdam has grown at a compound 7,500 annual growth rate of 6.8% within the last 10 years, with an increase in arrivals recorded year-on-year from 2008 onwards. -
Hotel Solution Complete Package Solution for an Invigorating Indoor Climate in Hotels Indoor Climate Matters
Hotel Solution Complete package solution for an invigorating indoor climate in hotels Indoor climate matters AIR TEMPERATURE HUMIDITY AIR QUALITY DRAUGHT SOUND LEVEL How important is comfort? Research shows that there is a distinct link between the quality of the indoor climate and sleep. For hotel guests a good night’s sleep is an important requirement that must be met. Meeting or preferably exceeding the expectations of the guests gives you satisfied customers who gladly return to your hotel. Swegon Hotel Solution creates an optimal indoor climate with the lowest possible energy consumption. It means the hotel staff can focus on the guests' other requirements. Victoria Tower Hotel, Stockholm Energy efficiency matters INTEGRATED SYSTEMS EPBD & LEGISLATION ENERGY SOURCES LIFE CYCLE COST (LCC) How important are operating costs? Conditions for low operating costs are created through a demand- controlled indoor climate. Frequently, the total need of the property is reduced when ventilation, heating and cooling are concentrated to areas where there is a demand. In most cases, this reduces investment and operating costs and reduces the installation time. Swegon's products are designed for optimum performance and integration. Irrespective of whether you choose individual products or complete systems, maximum energy efficiency and operating economy are guaranteed. The future matters How can you influence the climate? Reducing the energy-need necessary to create the indoor climate also reduces your carbon footprint Swegon helps you attain this by demand-controlling the climate in each room. The result is a comfortable indoor climate with minimal energy consumption and maximum energy recovery. This definitely has a positive impact on the climate and environment. -
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. -
7Stars-Book.Pdf
ًداﺋﻤــﺎ ﻣــﺎ ﺳــﻮف ﺗﻜــﻮن اﻹدارة ﺳــﺒﺐ اﻟﻨﺠــﺎح وﺳــﺒﻴﻞ اﻟﺘﻐﻴﻴــﺮ ﻧﺤــﻮ اﻷﻓﻀــﻞ، أﻣــﺎ اﻟﺘﻤﻴــﺰ ﻓﻬــﻮ ﺳــﻤﺔ ﻣﺘﻼزﻣــﺔ ًداﺋﻤــﺎ ﻟﻺدارة اﻟﻨﺎﺟﺤﺔ. وﻋﻘــﺐ ﺳــﻔﺮي إﻟــﻰ اﻟﻌﺪﻳــﺪ ﻣــﻦ اﻟــﺪول ﺣــﻮل اﻟﻌﺎﻟــﻢ ﺧــﻼل اﻟﺜﻼﺛﻴــﻦ ًﻋﺎﻣــﺎ اﻷﺧﻴــﺮة، أﺻﺒﺤــﺖ ًﻣﺼــﺪرا ًﻣﻮﻟــﺪا ﻟﻸﻓــﻜﺎر ﻓﻲ ﻣﺠﺎل اﻟﻀﻴﺎﻓﺔ واﻟﺴﻴﺎﺣﺔ. وﻧﺤــﻦ ﻫﺎﻫﻨــﺎ ﻓــﻲ ﺗﺮﻛﻴــﺎ ﻓــﻲ ﻗﻠــﺐ اﺳــﻄﻨﺒﻮل اﻟﺠﺪﻳــﺪة ﻓــﻲ ﻣﻨﻄﻘــﺔ ﺑﺎﺷــﺎك ﺷــﻬﻴﺮ ﻧﻀــﻊ ﻣﺒــﺎدئ إﺑﺪاﻋﻴــﺔ ﺑﺸــﺄن ﻣﻮﻗــﻊ ٧starsco.com ﻟﻠﻀﻴﺎﻓﺔ ﺣﺘﻰ ﻧﻘﺪم ﺧﺪﻣﺎت ُﻣﺒﺪﻋﺔ ﻓﻲ اﺳﺘﺜﻤﺎرات ﻣﻘﺒﻮﻟﺔ وﻣﻌﻘﻮﻟﺔ ﺑﻴــﻦ ﻳــﺪك اﻵن ﻛﺘــﺎب ﺟﻤــﻊ ﻣﺎﺋــﺔ رؤﻳــﺔ ورﺳــﺎﻟﺔ ﺧﺎﺻــﺔ ﺑﺄﻓﻀــﻞ ﺧﺪﻣــﺎت اﻟﻀﻴﺎﻓــﺔ ﻓــﻲ ﺟﻤﻴــﻊ أﻧﺤــﺎء اﻟﻌﺎﻟــﻢ، ﺗﺠــﻮل ﻓﻴــﻪ وﺳــﻮف ﺗﺠــﺪ أن ﻣﻮﻗــﻊ ٧startsco.com أﺣــﺪ اﻟــﺮواد ﻓــﻲ ﻫــﺬا اﻟﻤﺠــﺎل. اﻏﺘﻨــﻢ ﻓﺮﺻــﺔ اﻟﻌﻴــﺶ ﻓــﻲ ﺷﻘﺔ ﻓﺎﺧﺮة ﻣﺸﺎﺑﻬﺔ ﻟﺠﻨﺎح ﻣﻠﻜﻲ ﻓﻲ ﻓﻨﺪق ﺧﻤﺲ ﻧﺠﻮم. ﻛﻤــﺎ ﻳﻄﻴــﺐ ﻟﻨــﺎ أن ﻧــﺮاك ًﻗﺮﻳﺒــﺎ وﻧﺮﺣــﺐ ﺑــﻚ ًﻧﺰﻳــﻼ ﻟﺪﻳﻨــﺎ، وﻻ ﺗﺘــﺮدد ﻓــﻲ اﻻﺗﺼــﺎل ﺑــﻲ إذا ﻛﻨــﺖ ﻓــﻲ ﺣﺎﺟــﺔ إﻟﻰ أي ﺧﺪﻣﺎت ﺑﺮﻳﺪ إﻟﻜﺘﺮوﻧﻲ إﺿﺎﻓﻴﺔ. Yönetim her zaman başarının sebebi ve daha iyiye gitmenin yolu olacak ve mükemmelliği her zaman mükemmel yönetim MANAGEMENT olacaktır. WILL ALWAYS BE THE AXIS OF SUCCESS Burada, Yeni İstanbul -Başakşehir’in kalbinde Türkiye’de, ......... AND ........ THE WAY TO THE CHANGE FOR oluşturuyoruz. THE BETTER Elinizin arasında, dünyanın dört bir yanındaki en iyi ağırlama ......... AND ........ hizmetleri için yüz vizyonu ve misyonu toplayan bir kitap, MAKING bir tur atın ve 7startsco.com’un Liderlerden biri olduğunu EXCELLENCE WILL ALWAYS BE IN göreceksiniz. Beş yıldızlı otelde Royal Suite gibi lüks dairede THE EXCELLENT yaşamak için bir şans MANGEMENT Ibrahim Alhaji Konuklarımızdan biri olmaya hoş geldiniz ve eğer ekstra posta hizmetlerine ihtiyacınız varsa beni aramaktan çekinmeyin. Management will be always the cause of success and the way to change for the better, and making excellence will always be the excellent management After I traveled around the world in the last 30 years I became Ideas generator For hospitality and tourism. -
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. -
2017 Annual Report
PPHE Hotel Group Corporate Office Viñoly Tower, 5th floor Claude Debussylaan 14 1082 MD Amsterdam The Netherlands T: +31 (0)20 717 8602 E: [email protected] pphe.com PPHE HOTEL GROUP ANNUAL REPORT AND ACCOUNTS 2017 ACCOUNTS REPORT AND ANNUAL GROUP HOTEL PPHE ANNUAL REPORT AND ACCOUNTS 2017 BRINGING UNIQUE EXPERIENCES TOGETHER We are an international hospitality WHO company with a strong asset base WE and access to dynamic brands. ARE Our vision is to realise our growth potential. WHAT Our primary objective is to create and realise WE shareholder value by becoming one of the leading hospitality companies in the upscale, DO upper upscale and lifestyle hotel segments in major gateway cities, regional centres and select resort destinations, primarily in Europe. Our portfolio of owned, co-owned, leased, HOW managed and franchised hotels in operation WE comprises 39 hotels offering a total of nearly 9,000 rooms. Our development pipeline includes DO two new art’otels in London. Our core markets are the IT United Kingdom, the Netherlands, Germany and Croatia. Consultancy, design and production www.luminous.co.uk 2017 FINANCIAL HIGHLIGHTS 2017 FINANCIAL HIGHLIGHTS £92.9 £325.1m +10.0% RevPAR +19.3% total revenue £120.2 £116.0m +8.2% average room rate +12.7% EBITDAR 77.3% £31.7m +130bps occupancy (17.1)% profit before tax £32.1m £0.57 +1.1% normalised profit before tax1 (31.0)% reported earnings per share 33% £107.3m (150bps) EBITDA margin2 +14.0% EBITDA £0.24 £0.58 +14.3% dividend per share3 (14.4%) normalised earnings per share 1 See page 45. -
The Value of High Standards
CORPORATE GOVERNANCE NON-EXECUTIVE DEPUTY CHAIRMAN’S CORPORATE GOVERNANCE STATEMENT THE VALUE OF HIGH STANDARDS IN THE GOVERNANCE SECTION – Leadership and effectiveness Pages 92 to 103 – Accountability Pages 98 and 1101 – Diversity Page 102 – Committees and attendance Pages 108 to 121 – Engagement and culture Pages 103 to 107 – Additional disclosures Pages 122 to 126 Kevin McAuliffe Non-Executive Deputy Chairman Corporate Governance Our Board provides the Company our environment, internally and externally, As Deputy Chairman, it is with pleasure with entrepreneurial leadership within to support the long-term stability of the that I present our 2019 corporate a framework of prudent and effective Company while appreciating how we as governance statement. 2019 has been an controls which enables risk to be assessed a Company impact the world around us. exciting year in our journey as a Company and managed. It is our role, collectively as Assessing our climate and impact on for many reasons, not the least of which is a Board, to set the Company’s strategic the world around us, be it our operational our elevation into the FTSE 250 index from aims, ensuring that the necessary financial ecosystem and cultural atmosphere or the June 2019. As with most companies across and human resources are in place for the environmental footprint of our operations, the FTSE, the most significant corporate Company to meet its objectives, review was and will continue to be an area of focus governance development of the year was management performance; set the for our Board. Creating a Code compliant the application of the 2018 UK Corporate Company’s values and standards and governance structure is part of our Governance Code (the ‘2018 Code’). -
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.