PPHE Hotel Group Limited Publication of Arena Q1 Trading Update (5961X)

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RNS Number : 5961X

PPHE Hotel Group Limited

27 April 2023

27 April 2023

PPHE HOTEL GROUP LIMITED

("PPHE Hotel Group")

Publication of Arena Q1 Interim Financial Report

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 its unaudited results for the three months ended 31 March 2023.

The announcement can be found at https://www.arenahospitalitygroup.com/en/investors/reports

Enquiries:

 
PPHE Hotel Group Limited                         Tel: [phone] 
Daniel Kos, Chief Financial Officer & Executive 
 Director 
Robert Henke, Executive Vice President 
 of Commercial Affairs 
Hudson Sandler                                   Tel: [phone] 
                                                  4133 
Wendy Baker / Charlotte Cobb / Ben Wilson        [e-mail] 
 

Notes to Editors

PPHE Hotel Group is an international hospitality real estate company, with a GBP2.0 billion portfolio, valued as at December 2022 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 portfolio includes 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. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.

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(R) branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel(R) brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments(R) and Arena Campsites(R) 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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April 27, 2023 02:00 ET (06:00 GMT)