PPHE sees big UK job cuts, citing quarantine plan
4th Jun 2020 08:04
(Sharecast News) - PPHE Hotel Group warned it may cut a large number of jobs in the UK to take account of reduced demand caused by the government's contentious quarantine measures.
Read morePPHE chair and CEO take 100% pay cuts in crisis
15th Apr 2020 07:51
(Sharecast News) - PPHE Hotel Group's chairman and chief executive have taken 100% pay cuts as part of cost-cutting measures to strengthen the company's finances during the Covid-19 crisis.
Read moreFTSE 250 movers: Hyve Group gains after pulling dividend, founder switches out of Dixons Carphone
8th Apr 2020 14:50
(Sharecast News) - London's second-tier index was trading firmly higher on Wednesday afternoon, outperforming peers on the Continent by a wide margin.
Read morePPHE Hotel Group secures ?180m facility for Hoxton project
8th Apr 2020 08:55
(Sharecast News) - Real estate developer PPHE Hotel Group has entered into a ?180m syndicated facility agreement arranged by Bank Hapoalim to fund the development of Art'otel London Hoxton.
Read morePPHE to reduce hotel capacity, cancel dividend
19th Mar 2020 07:55
(Sharecast News) - PPHE Hotel Group announced "exceptional measures" to mitigate the effect on its business of the Covid-19 coronavirus pandemic on Thursday.
Read morePPHE taking action after coronavirus hits bookings
11th Mar 2020 15:32
(Sharecast News) - PPHE Hotel Group said it was taking action to minimise the effect of the coronavirus outbreak after an increase in cancellations and a slowdown in bookings.
Read morePPHE Hotel sees 'good growth' in both revenue and profits
27th Feb 2020 12:04
(Sharecast News) - Hospitality real estate group PPHE Hotel Group outlined some good growth in revenue and profits on Thursday after completing its ?100m multi-year investment programme.
Read moreFTSE 250 movers: Wizz Air and PPHE Hotels hammered, Aston Martin hits 52-week low
24th Feb 2020 14:24
(Sharecast News) - Shares on the second tier index were roiled at the start of the week, with travel and commodity issues hammered, sending the second tier index 3.15% lower as of 21,093.44, although precious metals miners and a handful of assorted other stocks were holding their head above water.
Read morePPHE Hotel to develop new hotel in Croatian capital
30th Jan 2020 08:09
(Sharecast News) - Hospitality real estate group PPHE Hotel said on Thursday that it plans to develop a new city centre hotel in the Croatian capital of Zagreb through its subsidiary, Arena Hospitality.
Read morePPHE Hotel Group flags decent room revenue growth
23rd Jan 2020 07:36
(Sharecast News) - Hotel and resort developer, owner and operator PPHE Hotel Group updated the market on its trading for 2019 on Thursday, reporting a 6.3% rise in like-for-like group room revenue to £249m.
Read morePPHE Hotel Group makes some executive promotions
22nd Jan 2020 08:20
(Sharecast News) - Hotel and resort developer, owner and operator PPHE Hotel Group announced the promotions of Greg Hegarty to deputy chief executive officer and chief operating officer, and Inbar Zilberman to chief corporate and legal officer on Wednesday.
Read morePPHE buys out joint venture partner on New York property
16th Jan 2020 08:07
(Sharecast News) - Hospitality real estate company PPHE Hotel Group has acquired the 50% interest in W29 Development from its joint venture partner, for a total consideration of $3.3m (£2.53m) plus associated acquisition costs.
Read morePPHE Hotel Group buys Waterloo site for ?12m
2nd Dec 2019 07:32
(Sharecast News) - PPHE Hotel Group has acquired the freehold interest in a site located in London SE1, with a view to developing the Site into a hotel, subject to planning permission being obtained, it announced on Monday.
Read morePPHE non-exec director to step down as deputy chairman sheds roles
15th Nov 2019 07:08
(Sharecast News) - PPHE Hotel Group on Friday said it was making some changes to its board after a shareholder revolt at May's annual meeting over deputy chairman Kevin McAuliffe and non-executive director Nigel Jones.
Read morePPHE Hotel Group revenue growth underpinned by UK properties
31st Oct 2019 10:20
(Sharecast News) - International hospitality real estate company PPHE Hotel Group reported growth in revenue for the three months ended 30 September on Thursday, aided by a strong revenue per available room (revPAR) performance in the United Kingdom.
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