PPHE Hotel Group's 2025 revenue slightly beats expectations on higher rates in UK, Croatia

PPHE Hotel

26/02/2026 07:14

Overview

Hospitality real estate group's 2025 revenue slightly beat analyst expectations

EBITDA for 2025 beat analyst estimates

Company completed large refinancing cycle and acquired new London development site

Outlook

PPHE confident of 2026 revenue meeting market expectations of between £473 mln and £489 mln

Company confident of 2026 EBITDA meeting market expectations of between £147 mln and £148 mln

Forward booking momentum across all regions is encouraging

Result Drivers

OCCUPANCY AND RATES - Growth in occupancy and average room rates drove revenue increase, especially in UK and Croatia

NEW HOTEL OPENINGS - Opening of artotel Rome Piazza Sallustio and repositioning of properties contributed to results

COST MANAGEMENT - Focus on cost management helped mitigate cost inflation impact, although higher UK insurance costs affected margins

Company press release: ID:nRSZ4386Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
GBP 466.40 mln
GBP 462.50 mln (4 Analysts)
FY EBITDA
Beat
GBP 138.20 mln
GBP 135.90 mln (4 Analysts)
FY Pretax Profit
Miss
GBP 1.50 mln
GBP 33.43 mln (4 Analysts)
FY RevPAR
GBP 123.40


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy."

Wall Street's median 12-month price target for PPHE Hotel Group Ltd is GBp2,100.00, about 4.2% above its February 25 closing price of GBp2,015.00

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)