NH Hotels (officially NH Hoteles SA, BMAD: NHH) is a Spanish-basedhotel chain headquartered in Madrid. NH offers moderately priced and modernly-furnished hotel rooms and lobbies, located primarily in Europe, Latin America, and Africa. NH Hoteles ranks third in the European ranking for business hotels. The group has 347 hotels with over 53,000 rooms. NH Hoteles currently has 54 projects for new hotels under construction, which would add almost 8,000 new rooms.