PPHE Hotel Group Limited has appointed Greg Hegarty as Co-Chief Executive Officer (Co-CEO) with immediate effect. Greg, who has been with the Group for 18 years, will share the role with Boris Ivesha, the Company's long-serving President & CEO. Greg's extensive experience in the hospitality sector, including leadership positions at recognized brands, makes him well-suited for this role. He will manage the day-to-day running of the business and play a key role in defining and implementing the Group's long-term strategy.
Greg's appointment reflects the Group's emphasis on promoting internal talent and intra-group mobility. His leadership will provide crucial support as the company enters an exciting phase of growth, with several large pipeline projects across capital cities and different market segments. Boris Ivesha, President & CEO, expressed pride in Greg's progression within the company and looks forward to working closely with him in his new role.
PPHE Hotel Group is an international hospitality real estate company with a £2.0 billion portfolio of primarily prime freehold and long leasehold assets in Europe. The Group owns, co-owns, develops, leases, operates, and franchises hospitality real estate, including full-service upscale, upper upscale, and lifestyle hotels in major gateway cities and regional centers. Additionally, the Group benefits from an exclusive and perpetual license from the Radisson Hotel Group to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East, and Africa.
The appointment of Greg Hegarty as Co-CEO signifies an important step for PPHE Hotel Group as it continues its growth trajectory and underscores the company's commitment to nurturing internal talent. With Greg's wealth of experience and knowledge, the Group is well-positioned to pursue its strategic objectives and capitalize on its current phase of significant growth.