PPHE
PPHE to convert existing asset into 179-room hotel
PPHE Hotel Group has secured planning consent to develop a new hotel within the Park Plaza Victoria London property.
Occupancy at PPHE hotels closing on 2019 levels thanks to London events
PPHE Hotel Group has said a strong London events calendar has driven occupancy rates close to 2019 levels, while revenue for the six months ended 30 June 2023 is up 16% compared to the same pre-pandemic period.
PPHE to launch €250m expansion fund
PPHE reports London corporate business ‘ramping up’
PPHE reports revenue recovered to 39.5% of 2019 levels last year
For the 2021 financial year, PPHE Hotel Group has reported total revenue increased by 38.9% to[...]
PPHE expects ‘rapid uplift’ following ease in restrictions
PPHE Hotel Group has said that, based on its experience of the third quarter of 2021[...]
Cateys 2021: Best Employer Award: PPHE Hotel Group
PPHE Hotel Group is an international hospitality and real-estate group with licence from Radisson Hotel Group[...]
Meeting and event enquiries at PPHE at highest level since start of pandemic
Hotel developer, owner and operator PPHE Hotel Group has said it is encouraged by the amount[...]
PPHE remains committed to London but business still 'volatile'
The chief financial officer of PPHE Group has said the group is still committed to the London market, but that business remains “volatile” with much shorter booking lead times and shifting quarantine restrictions affecting consumer confidence."
Lockdown and limited travel drives PPHE to £41m loss
PPHE Hotel Group has reported a £41m loss before tax, having seen revenue decrease 60% to £62m in the first six months of the year.
PPHE secures £180m funding for Art'otel London Hoxton
PPHE Hotel Group has secured the £180m funding required for the development of Art'otel London Hoxton in the capital.
Strong UK growth drives revenue increase for PPHE
Park Plaza hotels (PPHE) has reported a 6% increase in like-for-like revenue in the nine months[...]
PPHE Hotel Group brings housekeeping home
Large hotel groups may outsource their housekeeping needs as a matter of course, but PPHE Hotel[...]
‘Good’ results bring growth into focus for PPHE
A “good” half year performance for PPHE hotel group, operator of the Park Plaza and Art’otel[...]
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