NH HOTELES AGREES TO SELL ITS LONDON ST. ERMIN´S HOTEL TO AN INTERNATIONAL INVESTOR GROUP FOR €75M

NH Hoteles will reinforce its liquidity with the sale of the hotel Jolly St Ermin´s, in line with the asset divestment plan announced by the Company last year

The 275-room hotel, located in Westminster, was incorporated by NH Hoteles when it acquired the Italian hotel chain Jolly Hotels in 2007

After recently incorporating another hotel in London into the Group, under the management agreement with the hotel chain Hesperia, NH Hoteles will continues with a significant presence in London, with 3 hotels totalling more than 500 rooms

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