PPHE Hotel Group
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| Company type | Public |
|---|---|
| LSE: PPHE | |
| Industry | Hospitality |
| Founded | 1989 |
| Headquarters | Amsterdam |
Key people | Eli Papouchado, Chairman Boris Ivesha, CEO |
| Revenue | £272.5 million (2016) [1] |
| £35.12 million (2016) [2] | |
Number of employees | 2600 |
| Website | www.pphe.com |
PPHE Hotel Group (AIM: PPHE) is the owner, operator and franchisor of hotels in Europe, the Middle East and Africa. The company is based in St Peter Port, Guernsey, Channel Islands. The majority of the group’s hotels operate under the Park Plaza Hotels & Resorts brand (part of Carlson Hotels Worldwide), over which the Group has exclusive rights in 56 countries in EMEA, or art’otel, a brand which the company fully owns. PPHE Hotel Group also manages the 5 star hotel Plaza on the River, London.
History
The group opened its first hotel, Park Plaza Mandarin, in Eindhoven, The Netherlands, in 1989. Victoria Hotel Amsterdam (later renamed as Park Plaza Victoria Amsterdam), a historical landmark built in 1890, became the companies' second hotel. In 2000, Park Plaza Hotels Limited acquired the master franchise for the Park Plaza Hotels & Resorts brand from Park Plaza Worldwide, for the EMEA region.
Park Plaza Hotels Limited started to manage the art’otels in 2000, and acquired full ownership of the brand in 2007.
In 2002 the first Chino Latino Restaurant & Bar, offering a mix of pan-Asian cuisine and Latin cocktails, opened at Park Plaza Nottingham; it was later followed by a Chino Latino at Park Plaza Leeds (2003) and Park Plaza London Riverbank (2005). The first Chino Latino outside of the United Kingdom opened in 2010 at the art’otel cologne.[3]
With nearly 10 years of planning and more than two years of construction, in 2010, Park Plaza opened the 1,019 bedroom Park Plaza Westminster Bridge London, employing approximately 800 staff in an ongoing regeneration of the South Bank[4]. The £350 million project was the third Park Plaza on London’s South Bank, adjacent to Park Plaza County Hall London (2008) and nearby Park Plaza London Riverbank (2005)[5]
In 2011, Park Plaza Hotel's Limited announced the start of the rebranding of two Resort Hotels of the Arenaturist Hotel group. After extensive renovations, Park Plaza Histria Pula and Park Plaza Verudela Pula opened their doors in 2012. [6]
To strengthen its standing as an international, multi-brand hotel operator and owner. Park Plaza Hotels Limited rebranded the group to PPHE Hotel Group in March 2012 with the overall objective of distinguishing the group from the individual hotel brands Park Plaza® Hotels & Resorts, art’otel® and Arenaturist.[7]
In summer 2013, art’otel extended the brand by opening their flagship hotel in Amsterdam featuring 107 rooms. This contributed to the collection of contemporary hotels with art-inspired interiors; all of which are located in cosmopolitan centres across Europe.[8]
With continuous development and a string of new openings across London, by the end of 2017, PPHE Hotel Group will increase the brand’s room count to 3,158 within the M25 making it one of the largest international upper upscale hotel brands in the capital.[9]
Management
There are currently more than 39 properties with nearly 9,000 guest rooms in the Group’s portfolio. Development pipeline includes two new art'otels in London, which are expected to add a further 500 rooms in London by 2019.[10]
Recent projects include; Park Plaza Nuremberg (Opened 2016), Park Plaza London Waterloo (Opened 2016), Park Plaza London Park Royal (Opened 2017), art'otel london hoxton (expected to open in 2019) and art'otel london battersea powerstation (expected to open in 2019).[11]
PPHE Hotel Group shares are admitted for trading on London Stock Exchange Market.
Associated Brands
- Park Plaza Hotels & Resorts
- art'otel
- Arena Hospitality Group
- Chino Latino Bar & Restaurant
- 5&33
- Tozi Restaurant & Bar
- BA Beef Club
- Florentine Restaurant & Bar
- Mandara Spa
- Espressamente Illy Cafe
References
- ^ https://markets.ft.com/data/equities/tearsheet/summary?s=PPH:LSE
- ^ https://markets.ft.com/data/equities/tearsheet/summary?s=PPH:LSE
- ^ "Chino Latino Restaurant Cologne | art'otel cologne | Restaurants". www.artotels.com. Retrieved 2016-11-22.
- ^ http://www.london-se1.co.uk/news/view/4127
- ^ http://carlsonrezidor.com/media_press-releases&article=park-plaza-westminster-bridge-london-announces-soft-opening
- ^ https://www.scottbrownrigg.com/news/scott-brownrigg-completes-park-plaza-histria-pula-croatia/
- ^ http://www.pphe.com/~/media/Files/P/PPHE/press-release/all/PPHEcorporatewebrelease.pdf
- ^ http://www.sleepermagazine.com/amsterdam-to-welcome-artaotel-in-2013/
- ^ http://www.travelbulletin.co.uk/news-mainmenu/park-plaza-hotels-resorts-set-to-expand-by-nearly-900-rooms-in-london
- ^ http://sbeg.co.uk/members/park-plaza/
- ^ https://www.caterlyst.com/caterlyst3/insight/Region.aspx?r=7&t=1&n=13125
- Scurlock, Gareth (June 30, 2008). "Park Plaza County Hall, Waterloo, London SE1". The Times. London. Retrieved 7 January 2010.