PPHE Hotel Group
PPHE to launch €250m expansion fund
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts under brands including Park Plaza and Art’otel, is launching a new European Hospitality Real Estate Fund of up to €250m (£220m) equity.
PPHE Hotel Group 'confident' as trading nears pre-pandemic levels
PPHE Hotel Group has said it is “confident” in its financial performance as total room revenue and revpar neared 2019 levels last year due to rising demand for leisure and corporate travel.
Hotel Cateys 2022: People Manager of the Year – James Goulding, PPHE Hotel Group
PPHE reports London corporate business ‘ramping up’
PPHE Hotel Group reports optimistic start to 2022 trading
PPHE Hotel Group has reported an optimistic start to trading in 2022 boosted by a rise[...]
PPHE reports revenue recovered to 39.5% of 2019 levels last year
For the 2021 financial year, PPHE Hotel Group has reported total revenue increased by 38.9% to[...]
PPHE expects ‘rapid uplift’ following ease in restrictions
PPHE Hotel Group has said that, based on its experience of the third quarter of 2021[...]
PPHE Hotel Group's Daniel Pedreschi on why prioritising staff won him Hotelier of the Year 2021
Daniel Pedreschi not only runs a complex collection of properties, he also prioritises team development. It’s[...]
Cateys 2021: Angela Hartnett, Andrew Wong and Alastair Storey win top gongs
Industry-leading operators including Angela Hartnett, Andrew Wong and Alastair Storey were handed some of the top gongs at The Caterer’s 2021 Cateys this evening."
Cateys 2021: Best Employer Award: PPHE Hotel Group
PPHE Hotel Group is an international hospitality and real-estate group with licence from Radisson Hotel Group to develop and operate Park Plaza Hotels & Resorts. It also wholly owns and operates the Art’otel brand.
Meeting and event enquiries at PPHE at highest level since start of pandemic
Hotel developer, owner and operator PPHE Hotel Group has said it is encouraged by the amount of meeting and event enquiries across its UK portfolio, which are at the highest level since the start of the pandemic, albeit still some[...]
PPHE unlocks £113.7m of equity through joint venture with Clal Insurance
PPHE Hotel Group has agreed terms to enter a joint venture with Israel-based Clal Insurance in[...]
PPHE reports more than £250m drop in revenue
PPHE Hotel Group has reported a drop in total revenue of more than £250m in its[...]
PPHE reveals plans for new London hotel
PPHE has revealed it has been granted planning permission to develop another hotel on the site[...]
Boost to hotel company share prices on news of possible Covid vaccine
Hotel companies were among a plethora of businesses worldwide which celebrated the news of a breakthrough[...]
PPHE remains committed to London but business still 'volatile'
The chief financial officer of PPHE Group has said the group is still committed to the London market, but that business remains “volatile” with much shorter booking lead times and shifting quarantine restrictions affecting consumer confidence."
Lockdown and limited travel drives PPHE to £41m loss
PPHE Hotel Group has reported a £41m loss before tax, having seen revenue decrease 60% to £62m in the first six months of the year.
PPHE reports £93m drop in revenue for first half of 2020
PPHE Hotel Group has reported a £93m drop in revenue for the first half of the year compared to 2019.
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