PPHE Hotel Group drops as Q2 RevPAR growth moderates
27/08/2026 12:56
BUZZ-PPHE Hotel Group drops as Q2 RevPAR growth moderates ** Netherlands-based PPHE Hotel Group PPH.L down 4.5% at £15.66
** LFL RevPAR growth moderated to 2.5% in Q2 from 3.8% in Q1 - h2Radnor research note
** Co says RevPAR growth in Netherlands muted by weaker Dutch hotel market due to higher accommodation VAT rates
** FY 26 guidance broadly reiterated, with EBITDA mid-point slightly ahead of JPMe, though marginally below previously communicated targets - J.P. Morgan research note
** YTD, stock down ~13%, including session's moves
(Reporting by Krisha Bhatt in Bengaluru)