Publication of Arena Hospitality Group Q1 Results

RNS Number : 7468D
PPHE Hotel Group Limited
28 April 2017
 

 

 

 

28 April 2017

 

 

PPHE Hotel Group Limited

("PPHE Hotel Group")

 

Publication of Arena Hospitality Group d.d. First Quarter Results

 

PPHE Hotel Group, which together with its subsidiaries (the "Group") owns, leases, develops, operates and franchises full service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe, announces that its 77.09% owned subsidiary, Arena Hospitality Group d.d., has published its results for the three months ended 31 March 2017.

A copy of the report can be found on the Zagreb Stock Exchange website www.zse.hr and also on Arena's website at www.arenaturist.com.

 

Enquiries

 

 

PPHE Hotel Group Limited


Chen Moravsky, Deputy Chief Executive Officer
and Chief Financial Officer

 

Tel: +44 (0)20 7034 4800

Hudson Sandler LLP


Wendy Baker / Jocelyn Spottiswoode

Tel: +44 (0)20 7796 4133

 

 

Notes to editors

 

PPHE Hotel Group Limited is a Guernsey registered company and through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops full service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.

The majority of the Group's hotels operate under the Park Plaza® or art'otel® brands. The Group has an exclusive licence from Carlson Hotels, one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa. The art'otel® brand is wholly owned by the Group.

The Group has a controlling ownership interest (77.09% of the share capital) in the Arena Hospitality Group, one of Croatia's best known hospitality groups.

The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels, which are expected to add an additional 500 rooms to the portfolio by the end of 2019.

Our Company: www.pphe.com

 

Our Brands:
www.parkplaza.com
www.artotels.com
www.arenaturist.com

 

For images and logos visit www.vfmii.com/parkplaza

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFMGZDDRGGNZM
UK 100

Latest directors dealings