The history of NH Hotel Group begins in 1978, when its first establishment opens its doors the Ciudad de Pamplona hotel. Four years later, the chain moves beyond the region of Navarra and, with the incorporation of NH Calderón in Barcelona, takes its first steps into what would become just a decade later one of the first hotels chains in Spain, with establishments in Madrid, Barcelona and Zaragoza. It was then, in 1988, that Corporación Financiera Reunida, S.A (COFIR) joined the company as a reference shareholder.