RCS - PPHE Hotel Grp Ltd - Arena Kazela Campsite completes repositioning

PPHE HotelAnnouncement

17/07/2019 08:10

RNS Number : 8031F
PPHE Hotel Group Limited
17 July 2019
 


PPHE HOTEL GROUP LIMITED
("PPHE" or the "Group")
 
Arena Kažela Campsite completes major repositioning
PPHE Hotel Group Limited, the international hospitality real estate group which owns, co-owns and develops hotels, resorts and campsites, is delighted to announce that Arena Hospitality Group d.d. ("Arena"), of which it is the controlling shareholder, has completed a major repositioning of the Arena Kažela Campsite.
This follows the successful launch of Croatia's first all-glamping offer, Arena One 99, in June 2018 which is delivering encouraging results and has already been recognised as an award-wining resort. The Group is very excited about the potential for Arena Kažela Campsite as Arena's first repositioned project of 2019. Additionally, Arena looks forward to starting the refurbishment of its Verudela Beach apartments this autumn.
Located in a secluded spot in Medulin on the southern coast of the Istria peninsula, following a multi-million-pound refurbishment, Arena Kažela Campsite now features 164 brand-new luxury camping homes. The luxury additions have been beautifully designed to allow guests to get closer to nature. Complete with air-conditioning, Egyptian cotton linen, coffee machines, flat screen televisions, and Wi-Fi, holidaymakers are now able to enjoy one of the resort's new 'Camping Villas', 'Camping Home Green' homes, or 'Camping Home Next' homes.
-      With each camping home offering a contemporary space for up to five people, the Camping Villas have large, floor-to-ceiling windows that let the outside in, with white and teal touches that echo the blue waters and pebble beaches that are nearby.
-      Conscious travellers will feel at home in the resort's 'Green' camping homes, which are made from ecological and recycled materials and combine modern elements with eco-friendly choices.
-      Finally, the 'Next' camping homes boast a smart design and enviable positions on the edge of the resort, a mere stone's throw from the water.
In addition to the new, luxury accommodation, the resort now features a brand-new swimming complex, which boasts over 600m² of water surface. This includes a main swimming complex, children's swimming pool, water slide and landscaped sunbathing area with parasols. Additionally, the resort features Croatia's longest relaxation pool. The resort also offers a number of activities including exercise classes and sporting facilities, and is a short distance from several blue-flag beaches and the nearby town of Pula.
The renovation at Arena Kažela Campsite follows the successful repositioning of the Holmes Hotel London which relaunched in May 2019. Repositioning projects at Park Plaza Vondelpark, Amsterdam, and Park Plaza Utrecht are ongoing, with completion dates expected in the second half of 2019."
 
Boris Ivesha, President and Chief Executive Officer, PPHE Hotel Group, said:
"We are delighted that PPHE's second major repositioning project in 2019 has been unveiled. These luxury additions have been masterfully designed to bring our guests closer to nature and the beautiful scenery on offer, whilst providing them with the contemporary facilities they need.
We are delighted to see Arena flourishing within the markets it operates in and we look forward to continuing its momentum as it identifies opportunities for revenue growth both internally, and invests in its existing portfolio, and externally by extending its reach beyond the current portfolio.
This reopening is the second of a number of repositioning projects to be completed by the Group this year, with key projects expected to be completed in Amsterdam and Utrecht, the Netherlands in the second half of 2019."
 
Enquiries:



PPHE Hotel Group Limited
 




Daniel Kos
Chief Financial Officer & Executive Director


+31 20 717 8600




 
Inbar Zilberman
General Counsel


+31 20 717 8600




Tulchan








Jessica Reid / Misha Bayliss


0207 353 4200



 
About Arena Hospitality Group
Arena Hospitality Group d.d., headquartered in Pula ("Arena"), is a hospitality company which operates in Croatia, Germany and Hungary. Arena's portfolio currently consists of 26 owned, co-owned, leased and managed properties with more than 10,000 rooms and accommodation units in cities such as Berlin, Cologne, Nuremberg, Budapest and tourist destinations in Istria. Arena has an exclusive right to operate and develop hotels under the international Park Plaza® brand in 18 Central and Eastern European countries. PPHE Hotel Group, which is one of central London's largest owner/operators of internationally branded hotel rooms in the upper upscale segment of the market, is the largest shareholder of Arena and currently indirectly owns 51.97% of share capital.  
Website: arenahospitalitygroup.com  arenahotels.com  arenacampsites.com
 
Notes to Editors
PPHE Hotel Group is an international hospitality real estate company, with a £1.6 billion portfolio (valued as at summer of 2018) of primarily prime freehold and long leasehold assets in Europe.
 
PPHE Hotel Group's guiding principle is to generate attractive returns from operations and long-term capital appreciation.
 
Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its primary focus is 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.
 
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. This multi-brand approach enables PPHE Hotel Group to develop and operate properties across several segments of the hospitality market.
 
PPHE Hotel Group is one of the largest owner/operators of hotels in central London and its property portfolio comprises of 38 hotels and resorts in operation, offering a total of approximately 8,800 rooms and 8 campsites, offering approximately 6,000 units. PPHE Hotel Group's development pipeline includes two new hotels in London and one in New York City which are expected to add an additional 600 rooms by the end of 2022/2023.
 
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange and a constituent of the FTSE 250. PPHE Hotel Group also holds a controlling ownership interest (51.97% of the share capital) 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.artotels.com
www.arenahotels.com
www.arenacampsites.com
 
For images and logos visit
www.vfmii.com/parkplaza
 
 




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