PPHE Hotel Group Limited Notice of Trading Update (6607D)
October 11 2018 - 2:00AM
UK Regulatory
TIDMPPH
RNS Number : 6607D
PPHE Hotel Group Limited
11 October 2018
PHE HOTEL GROUP LIMITED
("PPHE Hotel Group" or the "Group")
Notice of Trading Update
PPHE Hotel Group, which together with its subsidiaries (the
"Group"), is an international hospitality real estate group, which
owns, co-owns and develops hotels, resorts and campsites, operates
the Park Plaza(R) brand in EMEA and owns and operates the
art'otel(R) brand, will announce a trading update for the three
months and nine months ended 30 September 2018 on Wednesday 31
October 2018.
Enquiries:
Hudson Sandler
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 GBP1.6
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(R) branded hotels
and resorts in Europe, the Middle East and Africa. In addition, the
Group wholly owns, and operates under, the art'otel(R) 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.
Company websites: For reservations:
www.pphe.com www.parkplaza.com
www.arenahospitalitygroup.com www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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