NH has respected the original architectural style of the façade, as well as the marble, glazed glass, and bronze elements, applying comfort and functionality as the main criteria.
This is the fourth establishment that NH opens in Buenos Aires, becoming the second most important hotel chain in the city.
The NH Hoteles Group has opened a new hotel in Buenos Aires, the landmark and historic NH City. This new 5-star establishment, which NH Hoteles has brought back to its previous splendour, first opened in 1931 and quickly became the choice of famous visitors and city's upper class.
The NH City has 303 rooms (including 33 superior class rooms, 46 junior suites and 6 executive suites) distributed in 12 floors, all of them facing outdoors and full of light. The hotel has a restaurant, cafeteria, parking facilities, swimming pool, business centre, gymnasium, sauna, 24-hour room service and medical services. Its excellent services and amenities designed to meet the needs of the business traveller include cable TV, safe, Internet modem line in all the rooms, video games, pay-per-view movies and a complementary toiletry kit. The thorough renovation of this hotel represents an investment of US$19.5 Mn (€22 Mn).
Located in the heart of the city's tourist, commercial and financial district, the hotel is 30 metres from the Plaza de Mayo and 150 metres from the Casa Rosada. This hotel, inaugurated in April 1931, has been carefully refurbished by NH Hoteles, respecting its style and structure, since because of its location in the capital's historic district, it is a protected landmark. The refurbishment work carried out by NH has taken more than one year and involved a difficult and careful renovation of its façade. Although the minimalist décor respects the original architectural style and the marble, bronze, glazed glass, iron and classical ornaments, it is adapted to twenty-first century hotel services, where comfort and functionality play a leading role. The hotel also displays the works of new Argentinean artists.
The hotel's eleven convention halls, accommodating from 30 to 400 persons and equipped with the most advanced digital technology, and are the ideal setting for any type of business or social event.
Special attention has been given to the hotel's restaurant services, with the Daniel Rincón, a chef from Navarra, in charge of offering the best of Spanish and international cuisine. The restaurant can accommodate up to 300 persons.
Latina de Gestión Hotelera (a joint venture participated by NH Hoteles and Equity International Properties) has a 50% interest in this hotel with the Spanish-Argentinean businessman, Florencio Aldrey, as the owner of the remaining 50%.
With this establishment, NH now has four hotels with 653 rooms in Buenos Aires and becomes the second most important chain in the city. NH also operates the NH Jousten, the NH Latino and the NH Florida in Buenos Aires and runs three other hotels in the country: the NH Panorama, the NH Panorama Business in Cordoba and the NH Grand Hotel in Tucumán. The chain also plans to open a new hotel next year in the city of Mendoza.
With this new opening, the NH Group now has a total of 182 hotels with more than 25,000 rooms in 17 countries in Europe, Latin America and Africa.
About NH Hoteles
The NH Hoteles Group (www.nh-hoteles.com) is the third leading business hotel chain in Europe after the July 2000 acquisition of the Dutch chain Krasnapolsky. NH has more than 182 hotels with more than 25,000 rooms in 17 countries in Europe, Latin America and Africa. Moreover, the 25 hotel projects under constructions will provide an additional 3,300 new rooms. In 2000, the Group's net operating profit surged 142% to Pts 91,596 Mn (€550.5 Mn) thanks 103.4% sales growth. Net profit was up 41% to €90 Mn. NH Hotels posted 47% revenue growth in 9M01 driving operating profit up 25%. Despite the deplorable 11 September events, average occupancy has remained above 71%.
The NH Group is listed in the Madrid stock exchange (included in the selective Ibex 35), and in Amsterdam's Euronext. Moreover, NH Hotels is a member of the Stoxx Europe 600 index that includes Europe's leading companies
