TIDMPPH
PPHE Hotel Group Limited
15 May 2023
15 May 2023
PPHE HOTEL GROUP LIMITED
("PPHE" or "the Group")
PPHE and Radisson Hotel Group accelerate global growth of
art'otel brand
PPHE Hotel Group, the international hospitality real estate
group which develops, owns and operates hotels and resorts, is
pleased to announce the inclusion of its owned premium lifestyle
brand art'otel in Radisson Hotel Group's brand portfolio, growing
this portfolio to ten distinct brands under one overarching
umbrella.
PPHE and Radisson Hotel Group ("Radisson") significantly
extended their long-standing strategic partnership in May 2022,
allowing both companies to leverage their respective brand
strengths across their portfolios. The inclusion of art'otel in
Radisson's brand portfolio of bold, art and design-inspired hotels
marks both companies' aspirations to accelerate the global growth
of the premium lifestyle art'otel brand, building on PPHE's iconic
art'otel properties and attractive development pipeline alongside
Radisson Hotel Group's powerful technology and distribution
platforms, reward programmes, scale and growth aspirations.
The art'otel brand is centered around carefully designed iconic
hotel properties, each with a signature artist and strong emphasis
on curating exhibitions, events and launches, paired with
outstanding service and destination restaurants and bars. The Group
recently opened art'otel London Battersea Power Station and has
three exciting art'otel projects in the pipeline - in London
Hoxton, Rome and Zagreb - which provide a compelling and attractive
launch platform for art'otel as an attractive premium lifestyle
brand for both guests and hotel owners around the world.
Boris Ivesha, President & CEO of PPHE Hotel Group,
commented:
"We are continuing to actively develop our premium lifestyle
art'otel brand following the recent opening of our first art'otel
in London, and we have a number of further exciting art'otel
branded properties in our development pipeline. We are thrilled to
have extended our partnership with Radisson Hotel Group, building
on our 20-year partnership, providing us with access to their
technology platforms, powerful reward programs and development
expertise in markets targeted for art'otel growth."
Federico J. González, Executive Vice Chairman of Radisson Hotel
Group , commented:
"All our offerings possess some integral lifestyle elements. We
are excited to add the premium lifestyle art'otel brand to our
brand portfolio, recognising the strength of the current portfolio
and pipeline. We aim to unlock the brand's potential by leveraging
our powerful distribution and support infrastructure while growing
the brand in top tier markets around the globe. We increasingly
provide our owners and guests with relevant opportunities and
possibilities."
Enquiries:
PPHE Hotel Group Limited Tel: +31 (0)20 717 8600
Daniel Kos, Chief Financial Officer & Executive
Director
Robert Henke, Executive Vice President
of Commercial Affairs
Hudson Sandler Tel: +44 (0)20 7796
4133
Wendy Baker / Charlotte Cobb / Ben Wilson pphe@hudsonsandler.com
Notes to Editors
About PPHE Hotel Group
PPHE Hotel Group is an international hospitality real estate
company, with a GBP2.0 billion portfolio, valued as at December
2022 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily
prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and
associates it owns, co-owns, develops, leases, operates and
franchises hospitality real estate. Its portfolio includes
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's
strategy is to grow its portfolio of core upper upscale city centre
hotels, leisure and outdoor hospitality and hospitality management
platform.
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.
PPHE Hotel Group is a Guernsey registered company with shares
listed on the London Stock Exchange. PPHE Hotel Group also holds a
controlling ownership interest 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.artotel.com | www.arenahotels.com |
www.arenacampsites.com
About Radisson Hotel Group
The Radisson family of brands can be found around the world in
more than 120 countries, with currently over 1,700 hotels in
operation and under development. Radisson Hotel Group operates the
business in EMEA and APAC with over 1,150 hotels in operation and
under development. The international hotel group is rapidly growing
with a plan to significantly grow the portfolio. The Group's
overarching brand promise is Every Moment Matters with a signature
Yes I Can! service ethos.
The Radisson family of brands portfolio includes Radisson
Collection, art'otel, Radisson Blu, Radisson, Radisson RED,
Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn
& Suites by Radisson, and prizeotel brought together under one
commercial umbrella brand Radisson Hotels.
Radisson Rewards is Radisson Hotel Group's loyalty program,
which delivers an elevated experience that makes Every Moment
Matter. As the most streamlined program in the sector, members
enjoy exceptional advantages and can access their benefits from day
one across a wide range of hotels in Europe, Middle East, Africa,
and Asia Pacific.
Radisson Meetings provides tailored solutions for any event or
meeting, including hybrid solutions placing guests and their needs
at the heart of its offer. Radisson Meetings is built around three
strong service commitments: Personal, Professional and Memorable,
while delivering on the brilliant basics and being uniquely 100%
Carbon Neutral.
At Radisson Hotel Group we care for people, communities and
planet and aim to be Net Zero by 2050 based on the approved
near-term Science Based Targets. With unique solutions such as 100%
carbon neutral Radisson Meetings, we make sustainable hotel stays
easy. To facilitate sustainable travel choices, all our hotels are
becoming verified on Hotel Sustainability Basics.
The health and safety of guests and team members remain a top
priority for Radisson Hotel Group. All properties across the
Group's portfolio are subject to health and safety requirements,
ensuring we always care for our guests and team members.
For more information, visit our corporate website . Or connect
with Radisson Hotels on:
LinkedIn | Instagram | Twitter | Facebook | YouTube
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May 15, 2023 02:00 ET (06:00 GMT)
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