6 December 2018
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Group")
Analyst Site Visit to Amsterdam
PPHE Hotel Group, an international hospitality real estate group, is hosting an analyst site visit to Amsterdam to visit properties owned and operated by the Group.
PPHE Hotel Group, which together with its subsidiaries (the "Group"), owns, co-owns and develops hotels, resorts and campsites, operates the Park Plaza® brand in EMEA and owns and operates the art'otel® brand.
During the visit, PPHE Hotel Group will give an overview of the operations in the Netherlands along with a tour of the newly repositioned Park Plaza Victoria Amsterdam, art'otel amsterdam and the construction works at Park Plaza Vondelpark, Amsterdam.
No new material information will be disclosed.
Enquiries:
Hudson Sandler (Financial Public Relations) |
|
Wendy Baker/ Sophie Lister |
Tel: +44 (0)20 7796 4133 pphe@hudsonsandler.com |
Notes to editors
PPHE Hotel Group Limited ('PPHE' or the 'Group') is an international hospitality real estate company, with a £1.6 billion portfolio of primarily prime freehold and long leasehold assets in Europe. The Group's guiding principle is to generate attractive returns from operations and long-term capital appreciation.
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.
The 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, the 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. This multi-brand approach enables the Group to develop and operate properties across several segments of the hospitality market.
The Group is one of the largest owner/operators of hotels in central London and its property portfolio comprises of 38 hotels and resorts in operation, offering a total of approximately 8,800 rooms and 8 campsites, offering approximately 6,000 units. The Group's development pipeline includes two new hotels in London which are expected to add an additional 500 rooms by the end of 2022.
PPHE is a Guernsey registered company and its shares are listed on the Premium Listing segment of the Main Market of the London Stock Exchange. PPHE also holds a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, whose shares are listed on the Zagreb Stock Exchange.
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