NH Hotel Group (officially NH Hotel Group SA, BMAD: NHH) is a Spanish-based hotel chain headquartered in Madrid. NH offers moderately priced and modernly-furnished hotel rooms and lobbies, located primarily in Europe and Latin America. NH Hotel Group ranks third in the European ranking for business hotels. The group has 380 hotels in 29 countries with over 53,000 rooms. In 2016, China becomes the 30th country that NH Hotel Group enter. It expects to open two hotels in Haikou and Sanya in the second half of 2016. It has 54 projects for new hotels under construction, which would add almost 8,000 new rooms.