PPHE Hotel Group

Last updated
PPHE Hotel Group
Company type Public
LSE:  PPH
ISIN GG00B1Z5FH87
Industry Hospitality and real 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
RevenueIncrease2.svg £442.8 million (2024) [1]
Increase2.svg £89.4 million (2024) [1]
Increase2.svg £27.7 million (2024) [1]
Total assets Decrease2.svg £1,897.1 million (2024) [1]
Total equity Decrease2.svg £526.1 million (2024) [1]
Website pphe.com

PPHE Hotel Group Limited, formerly Park Plaza Hotels Europe, is an international hospitality real estate group. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

The company was established by Eli Papouchado, an Israeli property developer, in 1989. [2] It was floated on the Alternative 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 at Westminster Bridge in London [5] and, in 2013, it opened a 107-bedroom art’otel branded hotel in Amsterdam. [6] Further recent openings include art'otel London Battersea Power Station (2022) and art'otel London Hoxton (2024). [7]

References

  1. 1 2 3 4 5 "Annual Results 2024". PPHE Hotel Group. Retrieved 27 February 2025.
  2. ↑ "PPHE Hotel Group" (PDF). Edison. 1 May 2019. p. 7. Retrieved 17 June 2019.
  3. ↑ "Eli Papouchado to float hotel co Park Plaza in London". Globes. 20 June 2007. Retrieved 17 June 2019.
  4. ↑ Jones, Marc (17 April 2008). Bryar, Quentin (ed.). "UK's Park Plaza to open 20 Russian hotels". Reuters. London. Retrieved 4 February 2019.
  5. ↑ "800 new jobs at South Bank hotel". London SE1. Retrieved 17 June 2019.
  6. ↑ "Amsterdam to welcome art'otel in 2013". Sleeper. 29 November 2012. Archived from the original on 2 March 2020. Retrieved 17 June 2019.
  7. ↑ "PPHE to open two London hotels in 2019". Food Service News. 7 April 2016. Retrieved 17 June 2019.

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