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PPHE Hotel Group

From Wikipedia, the free encyclopedia
International hospitality real estate group
For the hotel brand that PPHE Hotel Group was licensed to use, seePark Plaza Hotels & Resorts.
PPHE Hotel Group
Company typePublic
LSEPPH
ISINGG00B1Z5FH87
IndustryHospitality andreal estate
Founded1989
HeadquartersGuernsey (registered office)
Key people
Kenneth Bradley,Chairman
Boris Ivesha,CEO
BrandsPark Plaza Hotels, art'otel, Holmes Hotel London, Radisson Collection, Radisson RED, Arena Hotels, Arena Campsites
RevenueIncrease£442.8 million (2024)[1]
Increase£89.4 million (2024)[1]
Increase£27.7 million (2024)[1]
Total assetsDecrease£1,897.1 million (2024)[1]
Total equityDecrease£526.1 million (2024)[1]
Websitepphe.com

PPHE Hotel Group Limited, formerlyPark Plaza Hotels Europe, is an international hospitality real estate group. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.

History

[edit]

The company was established by Eli Papouchado, an Israeli property developer, in 1989.[2] It was floated on theAlternative Investment Market in 2007[3] and it signed a contract to open 20 hotels in Russia in 2008.[4]

In 2010, it opened a c.1,000-bedroom Park Plaza Hotel atWestminster Bridge in London[5] and, in 2013, it opened a 107-bedroom art’otel branded hotel inAmsterdam.[6] Further recent openings include art'otel London Battersea Power Station (2022) and art'otel London Hoxton (2024).[7]

References

[edit]
  1. ^abcde"Annual Results 2024". PPHE Hotel Group. Retrieved27 February 2025.
  2. ^"PPHE Hotel Group"(PDF). Edison. 1 May 2019. p. 7. Retrieved17 June 2019.
  3. ^"Eli Papouchado to float hotel co Park Plaza in London". Globes. 20 June 2007. Retrieved17 June 2019.
  4. ^Jones, Marc (17 April 2008). Bryar, Quentin (ed.)."UK's Park Plaza to open 20 Russian hotels".Reuters. London. Retrieved4 February 2019.
  5. ^"800 new jobs at South Bank hotel". London SE1. Retrieved17 June 2019.
  6. ^"Amsterdam to welcome art'otel in 2013". Sleeper. 29 November 2012. Archived fromthe original on 2 March 2020. Retrieved17 June 2019.
  7. ^"PPHE to open two London hotels in 2019". Food Service News. 7 April 2016. Retrieved17 June 2019.

External links

[edit]

Media related toPPHE Hotel Group at Wikimedia Commons

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Defunct
FTSE 100FTSE 250 companies of the United Kingdom →FTSE SmallCap
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