Brief: PPHE Hotel Announces Sale Of New York Development Site For $33.5 Million
Feb 18 (Reuters) - PPHE Hotel Group Ltd PPH.L: PPHE HOTEL GRP LTD - SALE OF NEW YORK DEVELOPMENT SITE PPHE HOTEL - SALE OF SITE TO US DEVELOPER FOR $33.5 MILLION PPHE HOTEL - SALE PROCEEDS TO REPAY $8.3 MILLION DEBT Source text: ID:nRSR4042Ta Further company coverage: PPH.L ((Reuters.Briefs@thomsonreuters.com;))