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PPHE Hotel Group Ltd Ord NPV (PPH)

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19-May-2021 02:11 PM

PPHE Hotel Group confirms all resolutions passed at AGM

PPHE Hotel Group has confirmed that all resolutions were decided on a poll and all those proposed at the AGM on 19 May, 2021, were passed. The votes cast for resolutions 8 to 10 relating to the re-election of the independent Directors were duly passed b
02-Nov-2020 08:17 AM

PPHE revenue plunges after pandemic hit

Park Plaza hotels owner PPHE Hotel reported a big fall in revenue and occupancy in its third quarter after it revealed the impact the coronavirus pandemic had on the business. Total revenue in the three months to 30 September fell 74.2% to £31.2 mi
03-Sep-2020 07:53 AM

PPHE Hotel reports H1 revenue decline led by 'dramatic downturn' in Q2 activity

Accommodation group PPHE Hotel has reported a 60.2% fall in revenue and an EBITDA loss for the first half of the year due to reduced demand and property closures in the second quarter, but said that 84% of its property portfolio has re-opened. Reported t
29-Jul-2020 01:20 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on PPHE Hotel Group

JP Morgan Cazenove today reaffirms its overweight investment rating on PPHE Hotel Group (LON:PPH) and cut its price target to 1300p (from 1500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Jul-2020 07:54 AM

PPHE Hotel revenue slumps 60%; has reopened 80% of portfolio

Accommodation group PPHE Hotel said its first-half revenue had slumped 60% due to Covid-19 lockdowns. Revenue for the six months through June fell to £61.9m, down from £155.3m on-year, as occupancy shrunk to 34.7%, back from 76.8%. PPHE Hote
25-Jun-2020 02:40 PM

Broker Forecast - Jefferies International issues a broker note on PPHE Hotel Group

Jefferies International today downgrades its investment rating on PPHE Hotel Group (LON:PPH) to hold (from buy) and cut its price target to 1150p (from 1400p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.c
19-May-2020 12:10 PM

Broker Forecast - Berenberg issues a broker note on PPHE Hotel Group

Berenberg today reaffirms its buy investment rating on PPHE Hotel Group (LON:PPH) and cut its price target to 1700p (from 1750p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
15-Apr-2020 07:21 AM

PPHE Hotel revenue slumps as occupancy levels dive

Hotel and resort owner PPHE Hotel said its revenue slumped 18% in the first quarter after Covid-19 lockdowns and travel restrictions lowered occupancy levels. Revenue for the three months through March fell to £51.4m, as occupancy levels dropped to
27-Mar-2020 04:30 PM

Broker Forecast - Berenberg issues a broker note on PPHE Hotel Group

Berenberg today reaffirms its buy investment rating on PPHE Hotel Group (LON:PPH) and cut its price target to 1750p (from 2150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Mar-2020 12:00 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on PPHE Hotel Group

JP Morgan Cazenove today reaffirms its overweight investment rating on PPHE Hotel Group (LON:PPH) and cut its price target to 1500p (from 2200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Feb-2020 09:50 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on PPHE Hotel Group

JP Morgan Cazenove today reaffirms its overweight investment rating on PPHE Hotel Group (LON:PPH) and cut its price target to 2200p (from 2500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Feb-2020 09:46 AM

Robust 2019 for PPHE Hotel Group

Like for like revenue at PPHE Hotel Group rose 5.2% in 2019 to reach £355.8m, as the group completed its £100m real estate investment programme. Ebitda improved by 3.4% to £177.4m on a like-for-like basis, while reported Ebitda rose 8.
23-Jan-2020 07:10 AM

PPHE reports rising room revenue

PPHE Hotel Group has reported a 6.3% rise in like for life room revenue for the year ended December 31, 2019, in its latest trading update. Room revenue for the year increased by 5.9% to £250m, while like-for-like RevPAR for the year grew 5.1% to
16-Jan-2020 10:40 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on PPHE Hotel Group

JP Morgan Cazenove today initiates coverage of PPHE Hotel Group (LON:PPH) with a overweight investment rating and price target of 2500p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
16-Jan-2020 08:00 AM

Hospitality firm PPHE acquires W29 Development

PPHE has announced that it has acquired a 50% interest in W29 Development LLC, for a total consideration of US$3.3 million. As a result, the company now owns 100% of the joint venture company and the associated JV arrangements have been terminated. Th
18-Sep-2019 08:30 AM

Broker Forecast - Jefferies International issues a broker note on PPHE Hotel Group

Jefferies International today initiates coverage of PPHE Hotel Group (LON:PPH) with a buy investment rating and price target of 2200p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-Sep-2019 08:40 AM

PPHE Hotel Group's H1 earnings boosted by UK hotel portfolio

International hospitality real estate company PPHE Hotel Group saw half-year revenue and earnings increase on the back of 'solid' operating performance from its UK hotel portfolio and said it still expected full-year performance to be in line wi
11-Mar-2019 12:10 PM

Broker Forecast - Kepler Cheuvreux issues a broker note on PPHE Hotel Group

Kepler Cheuvreux today reaffirms its buy investment rating on PPHE Hotel Group (LON:PPH) and raised its price target to 2150p (from 1750p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Dec-2018 07:44 AM

PPHE Hotel Group's Arena Hospitality transfers shares to Zagreb prime market

International hospitality real estate group PPHE Hotel Group said on Thursday that its Arena Hospitality Group subsidiary had transferred its shares from the official market to the prime market of the Zagreb Stock Exchange. "The prime market of the
06-Sep-2018 08:04 AM

PPHE delivers solid first-half trading

PPHE Hotel Group reported a solid first half performance delivering year-on-year sales growth its results in the six months ended 30 June 2018. The company said trading matured across recently opened hotels in 2016 and 2017 with improved trading across s
11-Jul-2018 09:40 AM

Broker Forecast - Kepler Cheuvreux issues a broker note on PPHE Hotel Group

Kepler Cheuvreux today reaffirms its buy investment rating on PPHE Hotel Group (LON:PPH) and raised its price target to 1750p (from 1450p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
16-May-2018 10:30 AM

Broker Forecast - Kepler Cheuvreux issues a broker note on PPHE Hotel Group

Kepler Cheuvreux today initiates coverage of PPHE Hotel Group (LON:PPH) with a buy investment rating and price target of 1450p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-May-2018 09:46 AM

PPHE Hotel Group first-quarter revenue up 2.9% as occupancy rates improve

PPHE Hotel Group posted a 2.9% rise in first-quarter revenue, as growth in the UK, Croatia and Germany was offset by declines in the Netherlands due to renovation works. Revenue for the three months through March increased to £59.4m, which represen
28-Feb-2018 11:00 AM

Broker Forecast - finnCap issues a broker note on PPHE Hotel Group

finnCap today reaffirms its corporate investment rating on PPHE Hotel Group (LON:PPH) and raised its price target to 1350p (from 1290p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
31-Jan-2018 09:39 AM

PPHE Hotel Group reports 19% rise in annual revenue

PPHE Hotel Group said its overall performance in 2017 was in line with expectations amid a 19% rise in hotel revenue. Most of the growth was driven by room inventory in London, though the company said it also benefited from improved trading across most o

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