PPHE Hotel Group Limited Notice of Trading Update (1513X)
25 Abril 2019 - 10:24AM
UK Regulatory
TIDMPPH
RNS Number : 1513X
PPHE Hotel Group Limited
25 April 2019
PPHE HOTEL GROUP LIMITED
("PPHE Hotel Group" or the "Company")
Notice of Trading Update
PPHE Hotel Group, an international hospitality real estate
group, will announce a trading update for the three months ended 31
March 2019 on Tuesday 30th April 2019.
Enquiries:
PPHE Hotel Group Limited
Robert Henke
Executive Vice President of Commercial
& Corporate Affairs Tel: +31 (0)20 717 8600
Hudson Sandler (Financial PR)
Tel: +44 (0)20 7796 4133
Wendy Baker / Sophie Lister Email: pphe@hudsonsandler.com
Notes to Editors
About PPHE Hotel Group
PPHE Hotel Group Limited ('PPHE' or the 'Group') is an
international hospitality real estate company, with a GBP1.6
billion portfolio of primarily prime freehold and long leasehold
assets in Europe.
The 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.
The 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, the
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 the Group to develop and operate properties across
several segments of the hospitality market.
The Group is one of the largest owner/operators of hotels in
central London and its property portfolio comprises 38 hotels and
resorts in operation, offering a total of approximately 8,800 rooms
and 8 campsites, offering approximately 6,000 units. The 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 2023.
PPHE is a Guernsey registered company and its shares are listed
on the Premium Listing segment of the Main Market of the London
Stock Exchange. PPHE also holds a controlling ownership interest
(51.97% of the share capital) in Arena Hospitality Group, whose
shares are listed on 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
www.holmeshotel.com
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
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April 25, 2019 11:24 ET (15:24 GMT)
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