PPHE Hotel Group Limited

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RNS Number : 1576G

28 February 2018

PPHE Hotel Group Limited

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

Publication of Annual Report for Arena Hospitality Group

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 and select resort destinations, predominantly in Europe, today announces that its 51.97% owned subsidiary, Arena Hospitality Group d.d., has published its Annual Report for the financial year ended 31 December 2017.

A copy of the report can be found at www.arenahospitalitygroup.com

Enquiries:


PPHE Hotel Group Limited
Robert Henke, Executive Vice President of Corporate Affairs and Customer Experience	Tel: +31 20 717 8600
Lisa Woodman, Director of Corporate Communications	Tel: +44 (0)20 7034 4800

Hudson Sandler
Wendy Baker/Sophie Lister	Tel: +44 (0)20 796 4133
	[email protected]

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® Hotels & Resorts or art'otel® 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® 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 (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 nearly 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 2022.

Company websites:

www.pphe.com www.arenahospitalitygroup.com

For reservations:

www.arenacampsites.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