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PPHE Hotel Group Limited

Report Publication Announcement Mar 22, 2017

10594_rns_2017-03-22_3c1f5dc1-2037-4a9f-9e78-3c17dbd219c8.html

Report Publication Announcement

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RNS Number : 1452A

PPHE Hotel Group Limited

22 March 2017

22 March 2017

PPHE Hotel Group Limited

("PPHE Hotel Group")

Publication of Arenaturist's Annual Report

PPHE Hotel Group, which together with its subsidiaries (the "Group") owns, leases, develops, operates and franchises full service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe, today announces that its subsidiary Arenaturist d.d., in which it has a 77.09% controlling interest, has published its Annual Report for the financial year ended 31 December 2016.

A copy of the report can be found at www.arenaturist.com/en/about/reports 

Enquiries

PPHE Hotel Group Limited
Chen Moravsky, Deputy Chief Executive Officer

and Chief Financial Officer
Tel: +44 (0)20 7034 4800
Hudson Sandler LLP
Wendy Baker / Jocelyn Spottiswoode Tel: +44 (0)20 7796 4133

Notes to editors

PPHE Hotel Group Limited 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 Group's hotels operate under three distinct brands, Park Plaza® Hotels & Resorts, art'otel® and Arenaturist. The Group has an exclusive licence from Carlson Hotels, one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa.

The art'otel® brand is wholly owned by the Group.

The Group has a controlling ownership interest (77.09% of the share capital) in the Arenaturist group, one of Croatia's best known hospitality groups.

The Group's portfolio of owned, leased, managed and franchised hotels comprises 40 hotels offering a total of over 9,200 rooms. The Group's development pipeline includes two new hotels, which are expected to add an additional 500 rooms to the portfolio by the end of 2019.

Our Company:

www.pphe.com

Our Hotel Brands:

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

END

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