Appointment of joint broker

RNS Number : 3617Z

PPHE Hotel Group Limited

14 March 2012

 



14 March 2012

PPHE Hotel Group Limited

("PPHE Hotel Group" or the "Group")

APPOINTMENT OF JOINT BROKER

PPHE Hotel Group announces that it has appointed Liberum Capital Limited as joint corporate broker, to work alongside Investec Bank plc with immediate effect.

Enquiries: PPHE Hotel Group Limited
Chen Moravsky, Chief Financial Officer	Tel: [phone]
Liberum Capital Limited Richard Bootle	Tel: [phone]
Investec Bank plc James Grace / Grant Bergman	Tel: [phone]
Hudson Sandler	Tel: [phone]
Wendy Baker / Kate Hough

Notes to Editors:

PPHE Hotel Group Limited (formerly Park Plaza Hotels Limited) owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe.  The majority of the Group's hotels operate under two distinct brands, Park Plaza^® Hotels & Resorts and art'otel^®.

The Group has an exclusive licence from Carlson, a global privately owned hospitality and travel company, to develop and operate Park Plaza^® Hotels & Resorts in Europe, the Middle East and Africa. The art'otel^® brand is fully owned by PPHE Hotel Group and it has a minority ownership interest in the Arenaturist group, one of Croatia's leading hospitality companies.

Through its strategic partnership with Carlson, PPHE Hotel Group has access to its powerful reservation and distribution system, loyalty programmes such as Club Carlson^SM for guests and Look To Book^SM for travel agents, 23 airline partnerships and cross-selling opportunities. 

The portfolio of owned, leased, managed and franchised hotels comprises 38 hotels offering a total of 8,376 rooms. The development pipeline includes three new hotels and two mixed-use developments, which together are expected to add approximately a further 900 rooms to the portfolio by the end of 2014.

PPHE Hotel Group's shares are admitted to trading on the Main Market of the London Stock Exchange (Standard Listing).

Our company:

www.pphe.com / www.parkplazahotels.net 

Our brands:

www.parkplaza.com

www.artotels.com

www.arenaturist.com

For images and logos visit www.vfmii.com/parkplaza

Join us online: www.pphe.com/socialmedia

 

END

 

 

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