PPHE Hotel Group Limited Announcement of senior appointments

TIDMPPH

PPHE Hotel Group Limited

30 November 2017

30 November 2017

PPHE Hotel Group Limited

("PPHE Hotel Group" or the "Company")

Senior appointments announced to strengthen Executive Leadership Team

PPHE Hotel Group, which owns, leases, develops, operates and franchises full service upscale, upper upscale and lifestyle hotels in major gateway cities and resort destinations, predominantly in Europe, is pleased to announce three appointments within its Executive Leadership Team, focused on key areas within the business to support the next phase of growth.

Daniel Kos has been appointed Chief Financial Officer with effect from 1 January 2018. Daniel will be responsible for overseeing the financial strategy and priorities of PPHE Hotel Group. Daniel joined the Company in September 2011 as Group Head of Accounting, and was appointed Vice President Corporate Finance in March 2015. He has been instrumental in a number of key financial transactions including the EUR105.8m new capital fundraising by PPHE Hotel Group's Croatian listed subsidiary, Arena Hospitality Group d.d., which completed earlier this year and numerous refinancing activities.

Prior to joining the Company, Daniel held senior leadership positions within auditing and finance, including 11 years at Mazars LLP, an international audit practice. Daniel is a Certified Public Accountant (Register Accountant) and holds a Bachelor in Business Economics from the Hogeschool van Amsterdam.

Greg Hegarty has been appointed to the newly created role of Executive Vice President UK and Chief Commercial Officer. In his new role, Greg will have overall responsibility for delivery of PPHE Hotel Group's Commercial Strategy and will oversee the UK operations, the Company's largest operating region. He brings to the role over 22 years' experience in the hospitality sector and has been a driving factor in the success of the Park Plaza(R) Hotels & Resorts' brand positioning as one of the biggest international upper upscale operators in London.

Prior to his promotion, Greg had been Regional General Manager for the UK at PPHE Hotel Group since 2009 and has held roles at operators including GLH and BDL.

Robert Henke has been appointed as Executive Vice President of Corporate Affairs and Customer Experience. In this newly created role, Robert will oversee Corporate Affairs including Corporate and Investor Communications, as well as brand strategy, customer insights and engagement, information technology and the Company's responsible business priorities.

Robert has more than 18 years of international hospitality experience and has been an integral part of PPHE Hotel Group's marketing strategy since 2007 previously holding the position of Vice President Marketing and Branding. Prior to joining PPHE Hotel Group in 2001, Robert held global marketing roles at Hilton and Golden Tulip.

Commenting on these promotions, Boris Ivesha, President and Chief Executive Officer, PPHE Hotel Group said:

"I am delighted to announce these promotions which further strengthen our Executive Leadership Team. Together our Executive Leadership Team brings decades of experience in the hospitality sector, as well as a deep understanding of PPHE Hotel Group's business to support the next stage of our ambitious growth plans."

Enquiries:

 
PPHE Hotel Group Limited 
 
  Robert Henke, Executive Vice President 
  of Corporate Affairs                    Tel: +31 20 
  and Customer Experience                  717 8600 
Lisa Woodman, Director of Corporate       Tel: +44 (0)20 
 Communications                            7034 4800 
Hudson Sandler Financial Public 
 Relations 
                                          Tel: +44 (0)20 
Wendy Baker/ Sophie Lister                 7796 4133 
 

Notes to editors

The Company is a Guernsey registered company and through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops full-service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.

The majority of the group's hotels operate under the Park Plaza(R) Hotels & Resorts or art'otel(R) brands. The group has an exclusive licence from Carlson Hotels Worldwide Inc., one of the world's largest hotel groups, to develop and operate Park Plaza(R) Hotels & Resorts in Europe, the Middle East and Africa.

The art'otel(R) brand is wholly owned by the group.

The group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.

The group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels offering a total of approximately 9,000 rooms. The group's development pipeline includes two new hotels which are expected to add an additional 500 rooms by the end of 2019.

Company websites:

www.pphe.com

www.arenahospitalitygroup.com

For reservations:

www.parkplaza.com

www.artotels.com

www.arenaturist.com

For images and logos visit www.vfmii.com/parkplaza

This information is provided by RNS

The company news service from the London Stock Exchange

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November 30, 2017 02:01 ET (07:01 GMT)