NH Hotel Group (Minor Hotels Europe and Americas)

European hotel operating subsidiary of MINT, rebranded Minor Hotels Europe and Americas. FY2024 revenue EUR 2.4B (+12% YoY); recurring EBITDA EUR 407M (+24.5%); recurring net profit EUR 210M (+67% YoY). Occupancy 69.2%; ADR EUR 145. Anchors NH Collection and NH Hotels mid-to-upscale European network.