MHP Hotel AG Reports Record Quarterly Turnover
MHP Hotel AG (ISIN DE000A3E5C24) disclosed that its hotel revenue for the second quarter of 2026 reached €56.8 million, a 26 % increase compared with the €45.2 million generated in Q2 2025. The total revenue for the first half of 2026 rose by 25 % to €98.3 million.
Drivers of the Growth
- Portfolio Expansion – The company continues to add premium and luxury hotels, which has broadened its revenue base.
- Robust Demand – The premium and luxury segments maintain strong occupancy levels; the adjusted occupancy rate for Q2 2026 was 79 %, with the new Conrad Hamburg achieving 82 %.
- Sector‑specific Performance
- Logistics (Logis) revenue increased by 22 %.
- Food & Beverage (F&B) revenue rose by 41 %.
- Pricing Strength – Average Daily Rate (ADR) and Revenue per Available Room (RevPAR) remain above the peer group average, supporting higher earnings.
Market Position and Outlook
MHP Hotel AG continues to position itself as a platform that links investors and franchisors for upscale and luxury hotel concepts. The management confirmed its financial outlook for the full year 2026, maintaining the same projections that were issued after the strong start of the year.
Share Performance
The stock traded between €1.35 and €1.50 during the reporting week, with a market cap of €63.96 million and a price‑to‑earnings ratio of 11.08. Following a June 2026 secondary placement, the free float now stands at approximately 25 % of the 46.35 million shares outstanding.
Analysts at NuWays have set a target price of €3.70, indicating a significant upside potential relative to the current level.
All figures are taken from the company’s Q2 2026 earnings release and subsequent market commentary.
