Last checked at 6 Dec 2023 07:00
6 December 2023
PPHE Hotel Group Limited
("PPHE" or the "Group")
Appointment of Non-Executive Deputy Chairman
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces the appointment of Kenneth Bradley as Non-Executive Deputy Chairman to its Board of Directors (the "Board"), effective today.
Mr Bradley has served as an independent Non-Executive Director of the Group since 2019, a position he will continue to hold, during which time he has served as Chair of the Nomination and ESG Committees.
The Board remains committed to and recognises the importance of maintaining a high standard of corporate governance.
Eli Papouchado, Chairman, PPHE Hotel Group, said:
"Kenneth's appointment provides additional leadership support for the Group, as we re-enter the FTSE 250 Index and continue to deliver the latest phase of Group's exciting growth. With his breadth of experience and knowledge, Kenneth will take charge of optimising our corporate governance procedures and processes, as an established and independent member of the Board, including ahead of the anticipated implementation of new corporate governance and reporting requirements in the UK."
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Enquiries:
PPHE Hotel Group Limited | Tel: +31 (0)20 717 8600 |
Daniel Kos, Chief Financial Officer & Executive Director | |
Robert Henke, Executive Vice President of Commercial Affairs | |
Hudson Sandler | Tel: +44 (0)20 7796 4133 |
Wendy Baker / Charlotte Cobb / India Laidlaw | pphe@hudsonsandler.com |
Notes to Editors:
PPHE Hotel Group is an international hospitality real estate company, with a £2.0 billion portfolio, valued as at December 2022 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 franchises 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 Group, one of the world's largest hotel groups, to develop and operate Park Plaza® 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 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. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.
Company websites: www.pphe.com | www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com | www.artotel.com | www.arenahotels.com | www.arenacampsites.com