PPHE Hotel Group Limited has announced the publication of Arena Hospitality Group d.d.'s unaudited results for the first quarter of 2024. PPHE Hotel Group holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange. The unaudited results can be accessed on Arena Hospitality Group's website. PPHE Hotel Group is an international hospitality real estate company with a portfolio primarily consisting of prime freehold and long leasehold assets in Europe, valued at £2.2 billion as of December 2023.
The company 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, as well as hotel, resort, and campsite properties in select resort destinations. PPHE Hotel Group's strategy is to expand its portfolio of core upper upscale city center hotels, leisure and outdoor hospitality, and its hospitality management platform.
PPHE Hotel Group holds 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. Additionally, the company wholly owns and operates under the art'otel® brand, and its Croatian subsidiary owns and operates under the Arena Hotels & Apartments® and Arena Campsites® brands. PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange.
The company also holds a controlling ownership interest in Arena Hospitality Group, which is listed on the Prime market of the Zagreb Stock Exchange. For further information, the company's websites are www.pphe.com and www.arenahospitalitygroup.com.