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

END

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(END) Dow Jones Newswires

April 28, 2017 10:35 ET (14:35 GMT)

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