Mexico, the strongest Latin American market for NH Hotel Group

By Sharon Cuandon. Envoy
Puebla, Oct. 20 (Notimex) .- The Spanish hotel group NH reiterated that Latin America is the area where it seeks the most growth, and within this region, Mexico is the country that offers the most development opportunities.

“Mexico accounts for a third of our turnover in Latin America, while Latin America is one third of the Ebitda of the group that generates worldwide, therefore this country provides almost 40 percent of Edbita in the region,” said Eduardo Bosch, Managing Director for America of NH Hotel Group, in an interview with Notimex.

For the above, he pointed out that of the 12 projects that are contemplated for the remainder of 2017 and during 2018, six are carried out in Mexican territory.

Next month, a center will be inaugurated in San Luis Potosí and three months later in Merida, Yucatan, while the Monterrey La Fe, Monterrey La Esfera, Reforma in Mexico City and Cancun complexes are under construction.

In other regions of Latin America, two are planned in Peru: NH Parque Kennedy and Nhow; one in Cuba: NHC Victoria, and three in Chile: NHC Casa Costanera, Nhow La Dehesa and NH La Concepción Iquique, detailed the manager.

As part of the growth and development pillars of NH Hotel Group, the group’s investment in technology stands out and one of the differential elements that will be implemented soon is the possibility of customers booking online the specific room number they require.

“The online reservation and payment will have as a bonus the room selection you want, a dynamic similar to when you choose the seat in which you want to travel during a flight. The pilot tests are already being launched and we estimate that by the beginning of next year it will be available for our Latin American complexes “, emphasized Eduardo Bosch.

NH is not only growing in revenue but also in profitability, as well as reducing its debt exponentially, making the group attractive to investors, he said.


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