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PPHE Hotel Grp Ltd (PPH)

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Wednesday 30 March, 2022

PPHE Hotel Grp Ltd

Arena - art'otel Zagreb, Croatia

RNS Number : 6468G
PPHE Hotel Group Limited
30 March 2022
 

 

 

 

 

 

 

 

 

30 March 2022

 

PPHE Hotel Group Limited

("PPHE Hotel Group")

 

Arena Hospitality Group d.d. -  art'otel Zagreb, Croatia

 

 

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces that Arena Hospitality Group d.d., whose shares are listed on the Prime market of the Zagreb Stock Exchange and in which PPHE Hotel Group holds a controlling ownership interest, has today published an announcement regarding the execution of a new long term financing arrangement, through its local subsidiary Ulika d.o.o., with Erste & Steiermärkische bank d.d. for the development of its premium lifestyle art'otel Zagreb, Croatia.

 

The announcement can be found at:  https://www.arenahospitalitygroup.com/en/investors/regulatory-news

 

 

Enquiries

 

PPHE Hotel Group Limited

Tel: +31 (0)20 717 8600

Daniel Kos, Chief Financial Officer & Executive Director


Robert Henke, Executive Vice President of Commercial Affairs


Hudson Sandler

Tel: +44 (0)20 7796 4133

Lucy Wollam / Charlotte Cobb / Nick Moore

[email protected]

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a 1.8 billion portfolio, valued as at December 2021 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.  

 

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® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.

 

PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. 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.artotel.com | www.arenahotels.com | www.arenacampsites.com  

 

 

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