Presentación de PowerPoint NH Collection Madrid Eurobuilding. Spain Q1 2016 Results Presentation BUILDING UP THE NEW NH

10th May 2016

EXCELLENT Q1 REVENUE PERFORMANCE EXCEEDING GUIDANCE

  • Q1 '16 Revenue growth of +8.5% reaching €301.8M (+€23.7M) above mid single digit guidance despite:

    • Negative currency impact mainly in Latin America: -€10.2M

    • Refurbished hotels in Q1 '16: -€4.3M

    • Easter effect in Germany: -€1.6M

    • Lower contribution of Belgium hotels: -€0.8M

  • Isolating the currency effect in the quarter (Argentine Peso -63%; Colombian Peso -29% and Mexican Peso -19%):

    • Consolidated revenue increased by +12.2% (+€33.9M) including Refurbishments and perimeter changes

    • LFL revenue increased by +9.1% (+€20.6M)

      +12.2%

      -10.2 (2)

      +8.5%

      R. '15: +4.8M (+22%)

      R. '16: -4.3M

      +9.2%(1)

      +7.9%(1)

      Growth contribution +7.4% +0.2% +4.6% +12.2% -3.7% +8.5%

      (1) On its 2015 own base

      (2) -€6.4M en LFL

      BUILDING UP THE NEW NH 2

      REPORTED REVENUE GROWTH SUPPORTED BY ALL GEOGRAPHIES

      • Spain: +20.3%. Outstanding performance above high teens guidance

      • Italy: +7.7%. In line with the guidance of high single digit

      • Benelux: mid single digit target excluding reforms achieved (+5.9% LFL). Reforms of the quarter negatively impacted in -€3.7M but in line with the plan. LFL Brussels evolution (-17% ) offset by the better performance of Amsterdam (+28%)

      • Central Europe: +2.4%. Low single digit growth including reforms ahead of guidance. Impact of timing of Easter estimated c.-€1.6M and in line with the plan

      • LatAm: +24.4% excluding currency effects . Very positive trend in local currency across all markets

      +20.3%

      +7.7%

      -2.1%

      +2.4%

      +24.4%

      +12.2%

      +8.5%

      Like for Like & Reforms +7.9%

      Revenue LFL

      +18.2%

      +5.3%

      +5.9%

      +2.7%

      +27.5%

      Total Revenue

      +18.6%

      +12.6%

      -2.4%

      +2.3%

      +22.0%

      Total Rev. LFL ex. currency effect = +9.2% Total Rev. LFL = +6.4% (reported)

      BUILDING UP THE NEW NH 3

      SIGNIFICANT BETTER REVPAR PERFORMANCE AHEAD OF COMPETITORS

  • Successful tactical approach of a combined mix of Occupancy/ADR taking into account the seasonality of the Business across the year (Q1 '16 has an occupancy of 8 b.p lower than the average of the rest of the quarters of 2015)

    • RevPar: +6.5% (52% through ADR). At constant exc. Rate +10.0% (69% through ADR)

    • ADR: +3.4% or +€2.7. At constant exc. Rate +6.9% or +€5.6 enabled by refurbishments and pricing strategy

    • Occupancy: strong demand growth in Spain (+11.3%) and Italy (+4.7%)

      Occupancy Q1

      59.4%

      60.3%

      ADR (€) Q1

      81.2

      83.9

      58.6%

      75.3

      2014 2015 2016

      2014 2015 2016

  • Ability to grow prices ahead of competitors (STR*):

    • Positive evolution of the ADR relative growth vs competitors in a low season quarter. Relative RevPar increase +7.8% vs competitors

      RevPar % var

      "Relative"

      RevPar

      NH

      Comp Set

      RGI % var

      Total NHH

      11.0%

      3.2%

      7.8%

      Spain

      19.5%

      6.8%

      12.6%

      Italy

      4.2%

      -2.8%

      7.0%

      Benelux

      6.8%

      5.9%

      0.8%

      Central Europe

      5.3%

      0.2%

      5.1%

    • Occupancy / ADR mix strategy has enabled to replace the segmentation change started in 2015, with a remarkable higher occupancy growth: NHH +5.5% vs -1.9% for competitors

RevPar (€) Q1

50.6

47.5

44.8

2014 2015 2016

(*) STR/MKG/Fairmas Competitive Set Average Growth

BUILDING UP THE NEW NH 4

NH Hotel Group SA published this content on 10 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 May 2016 17:36:03 UTC.

Original documenthttp://corporate.nh-hotels.com/upload/files/Results Presentation Q1 2016.pdf

Public permalinkhttp://www.publicnow.com/view/989F640322F88CE4F940A82238D7CA3D41472CB1