NH hotel Group’s beginnings date back to 1978 when it opened its first establishment the Ciudad de Pamplona hotel. Four years later, the chain moved beyond the region of Navarra by adding the NH hotel Calderón de Barcelona to its portfolio it took its first steps towards nationwide growth, an expansion that would gather momentum throughout the 1980s.
Just one decade on from its incorporation, the Company was running hotels in Madrid, Barcelona and Zaragoza, having established itself as one of Spain’s leading chains. Corporación Financiera Reunida, S.A (COFIR) became the Company’s core shareholder in 1988.
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