Notice of Trading Update

RNS Number : 1270D

PPHE Hotel Group Limited

29 January 2018

 

29 January 2018

PPHE HOTEL GROUP LIMITED
("PPHE Hotel Group" or the "Company")

Notice of Trading Update

PPHE Hotel Group, which together with its subsidiaries (the "Group") owns, leases, develops, operates and franchises full service upscale, upper upscale and lifestyle hotels in major gateway cities and resort destinations, predominantly in Europe, will be announcing a trading update for the year ended 31 December 2017 on Wednesday 31 January 2018.                             

Enquiries:

PPHE Hotel Group Limited

Robert Henke, Executive Vice President of Corporate Affairs	Tel: [phone]
and Customer Experience
Lisa Woodman, Director of Corporate Communications	Tel: [phone]
Hudson Sandler LLP
Wendy Baker/Sophie Lister	Tel: [phone]

Notes to editors

The Company is a Guernsey registered company and through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops full-service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.

The majority of the Group's hotels operate under the Park Plaza® Hotels & Resorts or art'otel® brands.  The Group has an exclusive licence from Carlson Hotels Worldwide Inc., one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa.

The art'otel® brand is wholly owned by the Group.

The Group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.

The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels which are expected to add an additional 500 rooms by the end of 2022.

Company websites:

www.pphe.com 

www.arenahospitalitygroup.com

For reservations:

www.parkplaza.com

www.artotels.com

www.arenaturist.com

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

 

END

 

 

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