27 February 2020
PPHE HOTEL GROUP LIMITED
("PPHE Hotel Group" or the "Company")
Publication of Annual Report for Arena Hospitality Group
PPHE Hotel Group, which together with its subsidiaries is an international hospitality real estate group, today announces that Arena Hospitality Group d.d.,(whose shares are listed on the Prime market of the Zagreb Stock Exchange and which PPHE Hotel Group holds a controlling ownership interest) has published its Annual Report for the financial year ended 31 December 2019.
A copy of the report can be found at www.arenahospitalitygroup.com
Enquiries:
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 |
Hudson Sandler |
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Wendy Baker / Lucy Wollam |
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 £1.7 billion portfolio, valued as at summer of 2019 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 primary focus is 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.
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 one of the largest owner/operators of hotels in central London and its property portfolio comprises of 37 hotels and resorts in operation, offering a total of approximately 8,800 rooms and eight campsites, offering approximately 6,000 units. PPHE Hotel Group's development pipeline include new hotels in London, New York City, Belgrade and Zagreb which are expected to add more than 800 rooms to the portfolio by the end of 2023.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange and a constituent of the FTSE 250. 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
www.parkplaza.com
www.artotels.com
www.arenahotels.com
www.arenacampsites.com