Leases
Leases are the core of our business. Our long-term leases are revenue-based, with good guaranteed minimum levels, shared risk and stable earnings.
![](/images/6716bba3-ec85-4425-9bd6-59dadcb68f49/ta-l/nh_salzburg_facade_night.jpg)
NH Collection Salzburg, renovated and upgraded in 2021
Revenue and net operating income, MSEK
Revenue per country, Leases (2023)
967
841
795
306
246
227
73
235
Key figures, MSEK | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Revenue | 3,690 | 3,307 | 2,422 | 2,399 |
Net operating income | 3,157 | 2,868 | 2,027 | 2,018 |
Property market value | 57,226 | 57,563 | 52,215 | 50,181 |
Average valuation yield, % | 6.09 | 5,58 | 5,44 | 5,44 |
Number of hotels | 139 | 137 | 137 | 136 |
Number of rooms | 30,201 | 29,717 | 29,469 | 29,273 |
Operators and partners
Largest partners, in number of rooms
37%
24%
6%
6%
5%
5%
4%
4%
9%