MHP Hotel AG's Capital Increase Spurs Portfolio Expansion

MHP Hotel AG has successfully executed a capital increase, raising €4.5 million from institutional investors at a placement price of €1.45 per share. This offering, which was oversubscribed, highlights strong investor interest amid growth opportunities in the hotel market segment. The proceeds, combined with an available credit line, give MHP a financial capacity of €10 million to accelerate its portfolio expansion.

The company plans to leverage its operational strengths to acquire and reposition hotels into the premium segment, capitalizing on the current market challenges faced by peers. With a focus on expanding its boutique brand MOOONS, MHP aims to benefit from its successful launch in Vienna.

Management anticipates a 15% sales growth to €180 million in FY25, driven by a strong Q1 performance and upcoming openings such as the Conrad hotel in Hamburg. The stock remains attractive with a target price of €3.00.