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Barceló Looks to Create Spanish Hotel Giant With Bid for Rival NH

Patrick Whyte

Photo Credit: The NH Amsterdam Centre. Parent company NH Hotel Group has received a tentative takeover offer from Spanish rival Barceló. NH Hotel Group via Facebook

Skift Take

Combining NH Hotels with another company makes plenty of sense. It would give it added scale and might also help put an end to its shareholder infighting. Of course this is only the opening move in what is likely to be a time-consuming process and given NH's recent history we're sure that it will be anything but straightforward.

The turbulent recent history of Madrid-based NH Hotel Group has taken another twist after rival Spanish firm Barceló emerged as a potential buyer. The tie-up would create a combined business of 478 properties and 89,000 rooms, according to travel research firm STR. Barceló’s offer values NH Hotels at around $3 billion. “I can tell you that at Barceló we think that an integration operation like the one we have proposed to NH would be something very positive not only for the two companies involved, but for the Spanish hotel indu

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