Directorate Change
15 November 2022
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Group")
Kevin McAuliffe to retire from Board at the next AGM
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, has been informed by Kevin McAuliffe, Non-Executive Deputy Chairman of the Group, that he has decided to gradually retire from business life and, as a consequence, he will not stand for re-election at the next Annual General Meeting and will resign from the Board at the conclusion of the meeting.
Eli Papouchado, Non-Executive Chairman of PPHE Hotel Group said:
"On behalf of the Board, I wish to express my gratitude to Kevin for his dedication and service and invaluable contribution to the Group over so many years, he has been an integral and valued Board member in helping the Group grow and succeed. On behalf of the Board we thank him for his commitment and service to the Group since the Company's IPO in 2007 and wish him our very best wishes."
Enquiries:
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PPHE Hotel Group Limited |
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Daniel Kos, Chief Financial Officer & Executive Director |
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Robert Henke Executive Vice President of Commercial Affairs |
Tel: +31 (0)20 717 8600 |
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Hudson Sandler |
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Wendy Baker Lucy Wollam Charlotte Cobb
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Tel: +44 (0)20 7796 4133 Email: pphe@hudsonsandler.com |
Notes to Editors
PPHE Hotel Group is an international hospitality real estate company, with a 1.8 billion portfolio, valued as at December 2021 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.
PPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.
Company websites
www.pphe.com
www.arenahospitalitygroup.com
For reservations
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