1Q2021

Results and Presentation

  • Revenues of SEK 1.0 million for in 1Q 2021 and EBITDA of minus SEK 2.9 million during the period
  • Continued low activity in the hotel market during the period, occupancy down approximately 50% compared to normalized
    markets
  • Later during the year, when the vaccine rollout process has covered a critical percentage of the population, the hotel activity is expected to improve
  • Positive market and travel activity in other countries and regions where vaccine programs have covered a critical share of the population
  • Increased security for bondholders after the amended bond agreement finalized during the quarter, Søderhamn hotel property and Jessheim plot added to the security package
  • After the SEK 65 million partial prepayment from the CAPEX account, as part of the amended T&C, the LTV was reduced to approximately 45% in April 2021
  • Stig Bech has replaced Asmund Haare as Chairman of the board in Flying Elephant during the quarter and Christopher Utne has entered as board member
  • Eiliv Bugge Fougner to be elected as board member in Host Property (representative for the Majority Bondholders)

Christian Fuhr, IR: +47 98 22 85 16, christian.fuhr@host.no

Host Property AB (publ): New Operating companies

Host Drift Sverige AB has agreed to take ownership of seven hotel operating companies



Invitation to 1Q2021 Results Presentation

Investor update call


Host Property AB

Filing of bankruptcy in four operating companies (Tribe Hotels)


1Q2021

Results and Presentation


Host Property 2020 Report

Attached Host Property 2020 audited report


Host Property AB (publ): Notice of mandatory partial prepayment

Partial prepayment of SEK plus accrued but unpaid interest


Host Property AB (publ): Record Date for payment of Consent Fee

Reference is made to the SEK 500,000,000 senior secured and guaranteed floating rate bonds 2019/2022 with ISIN SE0013486057 (the "Bonds") issued by Host Property AB (publ) ("Host Property") and the terms and conditions for the Bonds (the "Terms and Conditions"). Any capitalised term used but not defined herein shall have the meaning given to it in the Terms and Conditions.


Host Property AB (publ): Result from written procedure initiated 9 February 2021

Reference is made to the SEK 500,000,000 senior secured and guaranteed floating rate bonds 2019/2022 with ISIN SE0013486057 (the "Bonds") issued by Host Property AB (publ) ("Host Property") and the terms and conditions for the Bonds (the "Terms and Conditions"). Any capitalised term used but not defined herein shall have the meaning given to it in the Terms and Conditions.


Host Property AB

External valuations - Proposed added Amendment Security


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