PPHE Hotel Group Limited March 2024 opening of art'otel London Hoxton
09 Noviembre 2023 - 1:00AM
RNS Non-Regulatory
TIDMPPH
PPHE Hotel Group Limited
09 November 2023
9 November 2023
PPHE Hotel Group Limited
("PPHE" or the "Group")
March 2024 opening of flagship art'otel London Hoxton
PPHE Hotel Group, the international hospitality real estate
group which develops, owns and operates hotels and resorts, is
pleased to announce the opening of its premium lifestyle flagship
art'otel London Hoxton in March 2024.
The opening follows the art'otel brand's successful London debut
at Battersea Power Station in February 2023, and in Zagreb in
October 2023. art'otel Rome is set to open in H1 2024, further
illustrating the significant opportunity within the Group's GBP300+
million development pipeline.
Located in London's iconic East End, art'otel London Hoxton will
be a key focal point within the creative community. It is situated
next to the vibrant district of Shoreditch, with easy access to the
City, Liverpool Street and Old Street Stations, the new Elizabeth
Line, and all of the capital's major airports. The hotel features
357 rooms including 48 suites, a destination bar, restaurant and
terraces with 360deg panoramic views of the city, an art gallery,
ground floor restaurant, lounge and cocktail bar, a spa, gym (on
the 26(th) floor) and indoor swimming pool, as well as significant
office and event space including a 60-seat auditorium.
In keeping with the art'otel brand, art'otel London Hoxton's
appointed Signature Artist D*Face is a globally recognised British
contemporary street artist with roots in east London. Art and
originality is part of the hotel's DNA, including two Banksy murals
on site and a dynamic art'beat curated programme of exhibitions,
launches and activities aimed at local residents and guests. In
collaboration with award-winning interior design studio Digital
Space, innovative artwork features in all bedrooms and public
spaces, from original large-scale sculptures and murals to bespoke
details.
Boris Ivesha, President & Chief Executive Officer, PPHE
Hotel Group said:
"We are very pleased to announce the upcoming launch of our
flagship art'otel London Hoxton, our largest single property
investment in the past decade, our second art'otel in London and
our ninth hotel in the Capital where we now offer more than 3,700
rooms. Our progressive and dynamic pipeline extends to include our
first Radisson RED property in Belgrade, opening Q1 2024 and
art'otel Rome which is expected to open in the first half of
2024.
art'otel London Hoxton is a fantastic addition to our growing
portfolio of premium lifestyle art'otels. Collectively, our most
recent new openings are targeted to deliver at least GBP25 million
of EBITDA upon stabilisation of trading. We are extremely proud to
add this brand-new hotel in the capital to our growing portfolio of
hotels and look forward to welcoming our first guests in the new
year."
- Ends -
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 - Financial PR Tel: +44 (0)20 7796
4133
Wendy Baker / Charlotte Cobb / India Laidlaw pphe@hudsonsandler.com
Notes to Editors:
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
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