Trading Statement

Park Plaza Hotels Limited
31 January 2008

                                                                 31 January 2008


                           Park Plaza Hotels Limited
                                ('Park Plaza')

                                Trading Update


Park Plaza Hotels Limited, the owner and/or operator of four-star deluxe and
trendy boutique hotels in Europe and the Middle East, is pleased to provide the
following update on trading for the year ended 31 December 2007.

Hotel revenue growth for the year grew by approximately 10.2%. Demand for hotel
rooms remained strong, with increased occupancy and improved average room rates
resulting in Group RevPAR for the year of Euro 97.1, an increase of 6.1% over
the previous year.

In the UK, which contributes approximately 42% of total Group hotel revenues,
our hotels achieved RevPAR of Euro 144.6 for the full year, a 13.7% increase
over the previous year, reflecting a continuation of the positive trends
reported in the first half.  This strong result was delivered despite an adverse
impact in the second half from the weakness of sterling, which depreciated in
value against the Euro by 8.3% between 30 June and 31 December 2007.

In the last quarter of 2007, the hospitality sector in London in general started
showing signs of slowing because of general uncertainty in the economic
environment.  As a result, the Group's conferencing and banqueting business,
which accounts for over a quarter of the Group's UK revenue, experienced a
slower rate of corporate bookings than anticipated in the important
pre-Christmas period.

In The Netherlands, our hotels achieved RevPAR of Euro 112.5 for the year, an
8.4% increase over the previous year, driven primarily by an increase in average
room rate of 6.8%.

The German and Hungarian markets continued to be challenging, with the Berlin
market in particular remaining highly competitive.  RevPAR for the year was Euro
51.7, down 1% over the previous year. The Group has taken a number of steps to
address these issues and expects the benefits to start to flow through in 2008.

Park Plaza continues to develop its pipeline of committed project and franchise
agreements in order to achieve its goal of doubling the number of hotel rooms in
its portfolio by the end of 2010.

In December 2007, Park Plaza announced that it had signed franchise agreements
for two new hotels in Doha (Qatar), which has opened January 2008 and Marrakech
(Morocco), due to open mid 2009 which will add a total of 281 rooms to the Group
portfolio. Park Plaza County Hall (London) will open on 1 February 2008.

Park Plaza will announce its preliminary results for the year ended 31 December
2007 on 27 March 2008.


                            www.parkplazahotels.net



Enquiries:

Park Plaza Hotels                         Tel: [phone]
Boris Ivesha - CEO
Chen Moravsky - CFO

Hudson Sandler                            Tel: [phone]
Jessica Rouleau / Wendy Baker



Notes to Editors

Park Plaza Hotels is owner, operator and franchisor of hotels in Europe and the
Middle East.  The Company operates under two brands: Park Plaza Hotels & Resorts
(part of Carlson Hotels Worldwide), over which the Company has exclusive rights
in 56 countries in EMEA and art'otel, a brand to which the Company has worldwide
rights.  Park Plaza Hotels also manage the luxury all-suite Plaza on the River -
Club and Residence, London.

There are currently 24 properties and 4,128 rooms in the porfolio.  By 2010, the
Company's committed projects and territorial franchise agreements are expected
to add a further 1,843 and 2,210 rooms respectively, bringing the total number
of rooms to 8,181.

The company is dedicated to providing a highly competitive offering to hotel
investors and operators. Through its partnership with Carlson Hotels Worldwide,
the company is connected to powerful loyalty programmes such as goldpoints
plussm and Look To Book(R) and a worldwide distribution network of travel agents
and websites all capable of delivering high volumes of business to its hotels.
Strong sales, marketing, IT and operations led from three regional offices in
Amsterdam, Berlin and London complete the package.





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