9 January
2025
PPHE Hotel Group
Limited
("PPHE" or the "Group")
Appointment of Non-Executive
Director
PPHE Hotel Group, the international
hospitality real estate group which develops, owns and operates
hotels and resorts, announces the appointment of
Roni Hirsch as Non-Executive Director to its Board
of Directors, effective today.
Mr Hirsch is Chief Executive Officer
of Red Sea Group ("Red Sea"), a role he has held since 1993. Red
Sea is controlled by Eli Papouchado, who, together with his family
trusts, owns 32.93% of the voting rights in the Group.
Mr Hirsch was previously a director
of Red Sea Hotels Construction (1993) Ltd., Red Sea Hotels
Promotion & Land (1994) Ltd. and Ramat Hasharon Properties
(2032) Ltd. each of which was placed into voluntary liquidation. No
further information is required to be disclosed under Listing Rule
6.4.8.
-ends-
Enquiries:
|
PPHE Hotel Group Limited
Daniel Kos, Chief Financial Officer
& Executive Director
|
Tel: +31 (0)20 717 8600
|
|
H2Radnor
Iain Daly / Joshua Cryer
|
Tel: +44 (0) 203 897
1830
|
|
Hudson Sandler
Wendy Baker / Lucy Wollam
|
Tel: +44
(0)20 7796 4133
Email:
pphe@hudsonsandler.com
|
Notes to Editors
PPHE Hotel Group is an international
hospitality real estate company, with a £2.2 billion portfolio,
valued as at December 2023 by Savills and Zagreb nekretnine Ltd
(ZANE), of primarily prime freehold and long leasehold assets in
Europe.
Through its subsidiaries, jointly
controlled entities and associates it owns, co-owns, develops,
leases, operates and franchises1
hospitality real estate. Its portfolio includes full-service
upscale, upper upscale and lifestyle hotels in major gateway cities
and regional centres, as well as hotel, resort and campsite
properties in select resort destinations. The Group's strategy is
to grow its portfolio of core upper upscale city centre hotels,
leisure and outdoor hospitality and hospitality management
platform.
PPHE Hotel Group benefits from
having an exclusive and perpetual licence from the Radisson Hotel
Group1, one of the world's
largest hotel groups, to develop and operate Park
Plaza®1 branded hotels and
resorts in Europe, the Middle East and Africa. In addition, PPHE
Hotel Group wholly owns, and operates under, the art'otel® brand
and its Croatian subsidiary1
owns, and operates under, the Arena Hotels &
Apartments®1 and Arena Campsites®1
brands.
PPHE Hotel Group is a
Guernsey1 registered company with shares listed on the
London Stock Exchange. PPHE Hotel Group also holds a controlling
ownership interest in Arena Hospitality Group1 ('AHG'),
whose shares are listed on the Prime market of the Zagreb Stock
Exchange.
Company1 websites: www.pphe.com | www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
| www.artotel.com | www.radissonhotels.com
| www.arenahotels.com
| www.arenacampsites.com
