NH REPOSITIONING PLAN
NH REPOSITIONING PLAN
NH REPOSITIONING PLAN - Spain, Portugal, Benelux, Germany
NH HOTEL GROUP
Sector
Hospitality
Bovis services
Project Management Office
Construction cost
€ 120 M
Finish date
2018
PROJECT DESCRIPTION
In the first phase of the Plan that started in Spain, a total of 4,200 rooms have been refurbished (1,300 in Spain and Portugal, 1,200 in Benelux and 1,700 in Germany). 
The first phase in Spain and Portugal, included the complete or partial refurbishment of ten strategic hotels in Madrid, Barcelona, ​​Santander, Vitoria and Lisbon, with a total investment of € 35 million. This phase was developed during 16 months, working at a peek of eight hotels simultaneously.

The second phase consisted of the refurbishment of six hotels in Benelux (Amsterdam, Maastricht, Utrecht and Brussels), three of them historic buildings with huge complexity refurbishment works. An amount of €44 M was invested during 20 months of works.

The last phase corresponds to the intervention in Germany: eight hotels spread across six cities (Berlin, Weinheim, Düsseldorf, Cologne, Nuremberg and Hamburg). In this case, the investment was € 32 million in 19 months.