PPHE Hotel Group Limited has announced the publication of Arena Hospitality Group d.d.'s Interim Financial Report for the second quarter and first half 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 report can be accessed on Arena Hospitality Group's corporate governance and investors page.
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.
The company's strategy is to expand its portfolio of core upper upscale city center hotels, leisure and outdoor hospitality, and hospitality management platform. PPHE Hotel 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. 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, whose shares are listed on the Prime market of the Zagreb Stock Exchange. For more information, visit the company websites: www.pphe.com and www.arenahospitalitygroup.com.