• A healthy performance in the Group's main markets drove revenue growth of 7.5% to €715.1 million and EBITDA growth of 27.4% to €73 million in the first half of the year

• The momentum in RevPAR extended into the second quarter (+6.7%), driven mainly by growth in the average daily rate (+6.1%), with NH Hotel Group outperforming its direct competitors in its main destinations where the Company operates

• The second quarter was marked by substantial improvement in recurring net profit, up €16.5 million year-on-year, and first-half net profit rose to €9.7million from losses of €17.4 million in 2015

• The Company's positive business performance is reinforced by the improved credit rating by Moody's, having just assigned it a first-time corporate family rating of “B2”

NH Hotel Group continues to show the positive impact of all the initiatives being executed under the scope of its business plan, as evidenced by its first-half earnings performance, presented today, which revealed solid growth in consolidated revenue, EBITDA and net profit of the Group.