TIDMPPH
PPHE Hotel Group Limited
24 September 2019
24 September 2019
PPHE Hotel Group Limited
("PPHE Hotel Group" or the "Company")
Park Plaza Hotels in the UK, operated exclusively by PPHE Hotel
Group, win highly coveted AA Large Hotel Group of the Year
award
-- Award recognises the completion of an extensive multi-year
investment programme across UK property portfolio
-- The Award was presented acknowledging Park Plaza Hotels UK's'
exceptional guest service and experience alongside team member
training and development programmes
PPHE Hotel Group, the international hospitality real estate
group which owns, co-owns and develops hotels, resorts and
campsites and operates the Park Plaza brand in Europe, Middle East
& Africa under an exclusive perpetual territorial licence, has
been awarded the coveted AA Large Hotel Group of the Year 2019
accolade.
Park Plaza Hotels in the UK have been recognised for their
committed and strategic approach to development, at one of the most
highly regarded events in the industry, alongside creative learning
and development programmes to constantly delight their guests, at
the 22nd annual AA Hospitality Awards last night, attended by
industry peers.
This follows an extensive multi-year investment programme by
PPHE Hotel Group to enhance its UK portfolio. The hugely
prestigious award was presented in recognition of the UK hotel
group that has a proven track record of striving to ensure the very
best levels of service, food and accommodation across the range of
properties.
The milestone achievement celebrates a successful period of
growth for PPHE Hotel Group with the United Kingdom as a region
reporting a 9.3% like-for-like RevPAR growth, outperforming the
London market as reported in the Group's interim results for the
six months ended 30 June 2019. Park Plaza Hotels also worked with
the brand's owner, Radisson Hotel Group, to unveil a new brand
identity for their Park Plaza brand earlier this year.
Park Plaza Hotels, recognised as a leading contemporary
hospitality operator in the UK market with prime locations
including London, Leeds, Cardiff and Nottingham, it offers ten AA
four-star hotels and one AA five-star property. Each property has
its own identity, design and individuality reflective of its
locale, including the recently repositioned Holmes Hotel London in
2019 and Park Plaza London Riverbank in 2018. The judges applauded
the significant investment put into elevating the Park Plaza
Hotels' London portfolio, guest experience and team member training
and development programmes.
The success of the Group's 13 destination-led restaurant and
bars also contributed to the recognition, as well as its strong
Meetings & Events offering, particularly in London. Its hybrid
operated business model paired with its development strategy also
stood out as a point of differentiation within the hospitality
industry that allows PPHE Hotel Group to continuously invest in the
design and hospitality experience created for its guests and team
members.
Greg Hegarty, Chief Operating Officer at PPHE Hotel Group,
commented: "On behalf of our Chairman, President & Chief
Executive Officer and team members we are delighted to have been
awarded AA Large Hotel Group of The Year 2019. This is a
significant milestone for our company and an outstanding
achievement which recognises the completion of an extensive
multi-year repositioning programme across our UK portfolio. The AA
Hospitality Awards are one of the industry's most highly regarded
and recognised and so we are delighted to join some of the UK's
most successful properties and brands as award winners.
"Park Plaza Hotels in the UK led by PPHE Hotel Group are truly
committed to the hospitality industry and promoting it as a
progressive career option. We work with schools, colleges, key
recruitment organisations and charities to support and encourage
young people into careers in the hospitality sector and offer a
variety of apprenticeships during the year. Leading as an
international brand with a strong London presence, the Group will
strive to continue to invest in our UK portfolio alongside creative
learning and development programmes to constantly delight our
guests.
"Thank you once again to each of our team members for their hard
work, passion and inspiring service which allows us to continuously
provide such a high level of guest experience resulting in our
winning of the AA Large Hotel Group of The Year 2019."
Simon Numphud, Managing Director of AA Media, commented "Park
Plaza Hotels UK have continued to impress for both their continued
investment across their portfolio of hotels but also their
investment in the development of their teams. Attracting and
retaining talent remains a critical challenge for the industry and
it's great to see the various initiatives Park Plaza Hotels UK do
to encourage young people that hospitality is a great career."
ENDS
For more information, please contact Tulchan on +44 20 074 200
353.
Notes to Editors
Park Plaza Hotels in the UK are owned, operated, managed and/or
franchised by PPHE Hotel Group, an international hospitality real
estate company with a GBP1.7 billion portfolio (valued as at summer
of 2019) 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.
Park Plaza Hotels UK have been recognised as the AA Large Hotel
Group of the Year 2019-2020 following the completion of an
extensive multi-year investment programme by PPHE Hotel Group
across the property portfolio.
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
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
Forward-looking statements
This announcement may contain certain "forward-looking
statements" which reflect the Company's and/or the Directors'
current views with respect to financial performance, business
strategy and future plans, both with respect to the Group and the
sectors and industries in which the Group operates. Statements
which include the words "expects", "intends", "plans", "believes",
"projects", "anticipates", "will", "targets", "aims", "may",
"would", "could", "continue" and similar statements are of a future
or forward-looking nature. All forward-looking statements address
matters that involve risks and uncertainties. Accordingly, there
are or will be important factors that could cause the Group's
actual results to differ materially from those indicated in these
statements. Any forward-looking statements in this announcement
reflect the Group's current views with respect to future events and
are subject to risks, uncertainties and assumptions relating to the
Group's operations, results of operations and growth strategy.
These forward-looking statements speak only as of the date of this
announcement. Subject to any legal or regulatory obligations, the
Company undertakes no obligation publicly to update or review any
forward-looking statement, whether as a result of new information,
future developments or otherwise. All subsequent written and oral
forward-looking statements attributable to the Group or individuals
acting on behalf of the Group are expressly qualified in their
entirety by this paragraph. Nothing in this announcement should be
considered as a profit forecast
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
NRABLGDCCSDBGCX
(END) Dow Jones Newswires
September 24, 2019 02:02 ET (06:02 GMT)
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