PPHE HOTEL GROUP (LON:PPH)

Consumer

PPHE Hotel Group, previously known as Park Plaza Hotels Europe, owns, operates, and franchises hotels in Europe. It was founded in the year 1989 and its headquarters are situated in Netherlands. The group is publicly listed on the London Stock Exchange. It has many subsidiaries, which include Arena Hospitality Group, Aspirations Limited, Park Plaza Hospitality Services (UK) Limited, Euro Sea Hotels N.V., W29 Development LLC, ABM Hotel Holding B.V., Apex Holding (UK) Limited etc. With the help of its subsidiaries and other associates, it owns and operates the real estate, and helps in its development, leasing and franchising. The company manages 46 properties with around 8,800+ rooms across its area of operation.

The portfolio of the company includes both freehold as well as leasehold assets for long-term. It focuses mainly on properties in resort destinations and hotels in leading cities and urban markets. The diversified portfolio covers properties across the United Kingdom, the Netherlands, Germany, Hungary, and Croatia. The main goal of the company is to maximize the risk-adjusted returns for all stakeholders through effective operations and the appreciating value of capital assets in the long run. The Radisson Hotel Group has given a license to the PPHE Hotel Group for the operation and development of the hotels and resorts under the brand name of Park Plaza in Europe, Africa, and Middle East. Radisson Group provides the company with access to a huge market network. The art'otel brand and the Arena Hotels & Apartments and Arena Campsites brands are completely owned and operated by the PPHE Hotel Group. The Arena Hospitality Group also has ownership interest of the PPHE Hotel Group.

The company has a healthy record of growth and has an attractive and progressive dividend policy, a healthy leverage ratio, and high asset value growth. It has a well-defined framework for corporate governance and aligns itself with the UK Corporate Governance Code 2018. It follows an ethical code of conduct for running its business operations and promotes a culture of transparency and accountability. It strives to create value for all stakeholders with responsible investments through sustainable business solutions for long-term growth and development of its business as well as the people and the planet. In 2019, the company restructured its Responsible Business Program and aligned itself with the UN’s Sustainable Development Goals. Recently, PPHE Hotel Group has been recognized among the top 6 in The Caterer Best Places to Work in Hospitality 2021.

Contact Information

company address PPHE Hotel Group Ltd Motion Building 9th Floor, Radarweg-60 AMSTERDAM 1043 NT Netherlands NLD

company phone+31 207178600

company websitehttps://www.pphe.com/

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