PPHE Hotel Group Limited Publication of Arena Hospitality Group Q1 Results (7468D)
April 28 2017 - 9:35AM
UK Regulatory
TIDMPPH
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 Tel: +44 (0)20 7034
Executive Officer 4800
and Chief Financial Officer
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(R) or art'otel(R) brands. The Group has an exclusive licence
from Carlson Hotels, one of the world's largest hotel groups, to
develop and operate Park Plaza(R) Hotels & Resorts in Europe,
the Middle East and Africa. The art'otel(R) 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
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April 28, 2017 10:35 ET (14:35 GMT)
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