2   Portfolio of Hotels Lobby at the NH Central Convenciones - Seville (Spain) 8

9 PORTFOLIO OF HOTELS EUROPE NH HOTELES Spain Germany Netherlands Belgium Austria Switzerland Italy Portugal Romania United Kingdom Hungary TOTAL EUROPE LATIN AMERICA NH HOTELES Mexico Argentina Cuba Uruguay Brazil Chile TOTAL LATIN AMERICA OTHER COUNTRIES NH HOTELES South Africa Ghana TOTAL OTHER COUNTRIES NH HOTELES TOTAL NH HOTELES Hotels 121 54 30 8 6 4 2 2 2 1 1 231 Hotels 15 8 2 1 1 1 28 Hotels 2 1 3 Hotels 262 Rooms 13,412 9,246 5,620 1,116 973 562 501 165 161 200 160 32,116 Rooms 3,042 1062 967 136 135 122 5,464 Rooms 240 234 474 Rooms 38,054 Hotels 80 53 11 1 6 2 1 2 1 0 1 158 Hotels 3 0 0 0 0 0 3 Hotels 1 0 1 Hotels 162 Rooms 9,064 9,102 1,551 241 973 330 376 165 83 0 160 22,045 Rooms 354 0 0 0 0 0 354 Rooms 198 0 198 Rooms 22,597 Hotels 17 0 18 7 0 2 0 0 0 0 0 44 Hotels 5 8 0 1 1 1 16 Hotels 1 0 1 Hotels 61 Rooms 2,504 0 3,989 875 0 232 0 0 0 0 0 7,600 Rooms 1,126 1,062 0 136 135 122 2,581 Rooms 42 0 42 Rooms 10,223 Hotels 24 1 1 0 0 0 1 0 1 1 0 29 Hotels 7 0 2 0 0 0 9 Hotels 0 1 1 Hotels 39 Rooms 1,844 144 80 0 0 0 125 0 78 200 0 2,471 Rooms 1,562 0 967 0 0 0 2,529 Rooms 0 234 234 Rooms 5,234 TOTAL LEASED OWNED MANAGED TOTAL LEASED OWNED MANAGED TOTAL LEASED OWNED MANAGED TOTAL LEASED OWNED MANAGED Portfolio of NH Hoteles, March 2006 NH Hoteles are present in 19 countries with 262 hotels BREAKDOWN OF THE PORTFOLIO OF HOTELS

10 Portfolio of Hotels BREAKDOWN OF ROOMS PER COUNTRY March 2006 BREAKDOWN BY ROOMS March 2006 NH Puebla (Mexico)

11 NH Plaza Mayor - León (Spain)