PPHE
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Record growth as hotels bounce back
Dalata and PPHE report double-digit increases in revenue
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PPHE promotes Hegarty to co-CEO
The hotel developer’s current COO will hold the post alongside Boris Ivesha
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PPHE goes underground for new London hotel
Westminster approves plans for 179-bedroom hotel beneath Park Plaza Victoria London
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Park Plaza hotel owner lifts sales
New Battersea Power Station hotel helps push revenue to £141m
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PPHE performance returns to pre-pandemic levels
The hotel real estate group’s quarterly revenues have risen by 71%
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UK hotel recovery boosts PPHE results
Revenue over first-half was more than four times that of a year ago
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PPHE joins Zero Carbon Forum
The £1.8bn hotels group wants to turn its zero-carbon strategy into action
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PPHE makes steady recovery from Covid
But revenues and occupancy are still just half what they were in 2019
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PPHE reduces losses as revenue rises
Revenue of £141m and EBITDA of £25m have helped lower hotel group’s pretax losses to £58m
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PPHE inches towards pre-Covid levels
Revenue for the quarter rose to £75.7m, but is still far below 2019’s figure
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PPHE Hotel inks £114m deal with Israeli insurer
Investor takes minority stake in two London assets
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PPHE revenue plunges by 75%
Room revenue dropped to £63.6m for the year ended 31 December, down from £250.6m a year earlier