MHP Hotel: Record Q2 revenue as hotel platform scales - NuWays
Yesterday, MHP released Q2 '26 hotel performance figures, posting the highest quarterly revenue in the company's history.
ANNONS
Overall, the release confirms the growth trajectory of the platform while the temporary rate softness does not alter the underlying investment case of a scaling, asset-light premium operator with strong cash conversion and a committed pipeline (Sheraton Vienna 2027, AC Stuttgart 2028, MOOONS Frankfurt 2029, AC Düsseldorf 2029).
Reiterate BUY with an unchanged PT of € 3.70 based on DCF.
