PPHE Hotel Group Limited Notice of Arena Hotel Group's Interim Results (3336H)
July 31 2019 - 1:50AM
UK Regulatory
TIDMPPH
RNS Number : 3336H
PPHE Hotel Group Limited
31 July 2019
31 July 2019
PPHE Hotel Group Limited
(the "Company")
Notice of Arena Hotel Group's Interim Financial Report
PPHE Hotel Group Limited, an international hospitality company
which together with its subsidiaries (the Group) owns and develops
hotels and resorts, operates the Park Plaza(R) brand in EMEA and
owns the art'otel(R) brand, announces that its 52.07% owned
subsidiary, Arena Hospitality Group d.d ("Arena"), has today
published its interim financial report for the second quarter and
the first half year of 2019.
A copy of the notice, in Croatian and English, is available on
Arena's website at www.arenahospitalitygroup.com
Enquiries
PPHE Hotel Group Limited +31 20 717 8600
Daniel Kos, Chief Financial Officer & Executive
Director
Robert Henke, Executive Vice President of
Corporate Affairs
Tulchan
David Allchurch / Will Palfreyman 0207 353 4200
Notes to Editors
PPHE Hotel Group is an international hospitality real estate
company, with a GBP1.6 billion portfolio (valued as at summer of
2018) of primarily prime freehold and long leasehold assets in
Europe.
PPHE Hotel 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.
PPHE Hotel 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,
PPHE Hotel Group wholly owns, and operates under, the art'otel(R)
brand and its Croatian subsidiary owns, and operates under, the
Arena Hotels & Apartments(R) and Arena Campsites(R) brands.
This multi-brand approach enables PPHE Hotel Group to develop and
operate properties across several segments of the hospitality
market.
PPHE Hotel 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. PPHE
Hotel Group's development pipeline includes two new hotels in
London and one in New York City which are expected to add an
additional 600 rooms by the end of 2022/2023.
PPHE Hotel Group is a Guernsey registered company with shares
listed on the London Stock Exchange and a constituent of the FTSE
250. PPHE Hotel Group also holds a controlling ownership interest
(52.07% of the share capital) in Arena Hospitality Group, whose
shares are listed on the Prime market of the Zagreb Stock
Exchange.
Company websites
www.pphe.com
www.arenahospitalitygroup.com
For reservations
www.parkplaza.com
www.artotels.com
www.arenahotels.com
www.arenacampsites.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
NORSDWSMFFUSELW
(END) Dow Jones Newswires
July 31, 2019 02:50 ET (06:50 GMT)
Pphe Hotel (LSE:PPH)
Historical Stock Chart
From Apr 2024 to May 2024
Pphe Hotel (LSE:PPH)
Historical Stock Chart
From May 2023 to May 2024