Key points
- Minor Hotels Moves to Delist European and Americas Division Minor Hotels is making headlines across the global hospitality industry with a bold and strategic move to delist its European and Americas subsidiary—formerly NH Hotel Group—from the Spanish stock exchange.
- The Spanish market authorities have officially approved the delisting, marking the end of a six-month process that coincides with the group’s impressive financial performance in the first half of the fiscal year.
- Thanks to these results, the group has managed to reduce its net debt to just €114 million, following the early repayment of €400 million in bonds—an impressive financial turnaround that reinforces the timing and rationale behind the delisting strategy.
Hotel News: Minor Hotels Moves to Delist European and Americas Division Minor Hotels is making headlines across the global hospitality industry with a bold and strategic move to delist its European and Americas subsidiary—formerly NH Hotel Group—from the Spanish stock exchange. The Spanish market authorities have officially approved the delisting, marking the end of a six-month process that coincides with the group’s impressive financial performance in the first half of the fiscal year.
Minor to delist its European and Americas subsidiary—formerly NH Hotel Group—from the Spanish stock exchange.
Image Credit: Minor Hotels and Resorts
According to this Hotel News report, Minor Hotels Group Continental Holding will acquire the remaining 4.1% stake still held by private shareholders in Minor Hotels Europe & Americas. The move signals a major shift toward streamlining operations and enhancing long-term value for investors.
A Strategy for Agility and Global Expansion
Dillip Rajakarier, CEO of Minor International, called the delisting a “decisive step” toward creating a more agile and efficient organisation. He emphasized that the streamlined structure will boost the company’s ability to capture growth opportunities globally while maximizing shareholder returns.
The move is being announced alongside strong half-year results shared by Gonzalo Aguilar, CEO of Minor Hotels Europe & Americas. The group reported €1.2 billion in revenue—a 5% increase—and a 6% rise in RevPAR to over €102. Gross earnings (EBITDA) hit €317 million, while net profit soared by 58% to €112 million, bolstered by €26 million in gains from asset sales.
Thanks to these results, the group has managed to reduce its net debt to just €114 million, following the early repayment of €400 million in bonds—an impressive financial turnaround that reinforces the timing and rationale behind the delisting strategy.
A Look at the Global Hospitality Powerhouse
Minor Hotels operates over 560 properties in 57 countries, spanning iconic brands such as Anantara, NH Collection, Avani, Oaks, Tivoli, and Elewana. The group is celebrated for crafting immersive guest experiences across hotels, resorts, residences, restaurants, and wellness destinations. As a key member of the Global Hotel Alliance, it continues to reward loyal guests through the Minor DISCOVERY program.
With over four decades of hospitality experience, Minor Hotels is demonstrating that bold decisions combined with financial discipline can unlock long-term global potential. By removing stock exchange constraints, the company gains more control over strategic direction, corporate flexibility, and speed of execution—critical components in today’s fast-moving travel sector.
This strategic delisting underscores the group’s confidence in its direction and solidifies its foundation for future growth. For hotel investors, partners, and travelers alike, the message is clear—Minor Hotels is tightening its structure to soar higher on the global stage.
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