PHILADELPHIA and MADRID, Spain, May 8, 2015 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from NH Hotel Group to provide project management and project management office (PMO) services in support of its asset repositioning plan within its business unit in Central Europe. The initial program includes the provisions of services, varying in scope, for seven hotels in Germany. The scheduled execution time is 14 months.
Between 2014 and 2016 NH Hotel Group is investing €220 million ($247 million) for rehabilitation of hotels that hold the greatest potential for improvement and remained in the average price category. Seventy three percent of the investment is being used for the repositioning of hotels with the ultimate goal of converting them into the NH Collection brand.
"Hill is grateful for the trust that NH Hotel Group has demonstrated toward our team of professionals for the strategic development of this program," said Jeffrey Sujar, Vice President of Western Europe and Russia within Hill's Project Management Group.
"NH Hotel Group is currently a company undergoing transformation, which aims at becoming the preferred choice of consumers when planning a trip or a meeting at a city, whether it be for business or leisure," said Antonio Fernandez, Senior Vice President for Projects, Construction and Engineering with NH Hotel Group. "In this first year of transformation, we have made major reforms and strategic choices that have allowed us to increase the profitability of our hotels, improve the position of supply, and be better valued by customers," he added.
NH Hotel Group ranks third in European ranking for business hotels. The company operates about 400 hotels with almost 60,000 rooms in 29 countries in Europe, the Americas, and Africa and destinations such as Amsterdam, Barcelona, Berlin, Bogotá, Brussels, Buenos Aires, Dusseldorf, Frankfurt, London, Madrid, Mexico City, Milan, Munich, New York, Rome and Vienna. For more information about NH Hotel Group, please visit their website at www.nh-hotels.com.
Hill International, with 4,800 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the ninth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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