REG - PPHE Hotel Grp Ltd - Appointment of Non-Executive Director

PPHE HotelAnnouncement

09/01/2025 17:45

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RNS Number : 8186S  PPHE Hotel Group Limited  09 January 2025

9 January 2025

 

PPHE Hotel Group Limited

("PPHE" or the "Group")

 

 

Appointment of Non-Executive Director

 

PPHE Hotel Group, the international hospitality real estate group which
develops, owns and operates hotels and resorts, announces the appointment of
Roni Hirsch as Non-Executive Director to its Board of Directors, effective
today.

 

Mr Hirsch is Chief Executive Officer of Red Sea Group ("Red Sea"), a role he
has held since 1993. Red Sea is controlled by Eli Papouchado, who, together
with his family trusts, owns 32.93% of the voting rights in the Group.

 

Mr Hirsch was previously a director of Red Sea Hotels Construction (1993)
Ltd., Red Sea Hotels Promotion & Land (1994) Ltd. and Ramat Hasharon
Properties (2032) Ltd. each of which was placed into voluntary liquidation. No
further information is required to be disclosed under Listing Rule 6.4.8.

 

-ends-

Enquiries:

 

 PPHE Hotel Group Limited                                       Tel: +31 (0)20 717 8600

 Daniel Kos, Chief Financial Officer & Executive Director

 H2Radnor                                                       Tel: +44 (0) 203 897 183 (tel:+44%20(0)203%20897%201832) 0

 Iain Daly / Joshua Cryer

 Hudson Sandler                                                 Tel: +44 (0)20 7796 4133

                                                              Email: pphe@hudsonsandler.com (mailto:pphe@hudsonsandler.com)
 Wendy Baker / Lucy Wollam

 

Notes to Editors

 

PPHE Hotel Group is an international hospitality real estate company, with a
£2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb
nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets
in Europe.

 

Through its subsidiaries, jointly controlled entities and associates it owns,
co-owns, develops, leases, operates and franchises(1) hospitality real estate.
Its portfolio includes 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. The Group's strategy is
to grow its portfolio of core upper upscale city centre hotels, leisure and
outdoor hospitality and hospitality management platform.

 

PPHE Hotel Group benefits from having an exclusive and perpetual licence from
the Radisson Hotel Group(1), one of the world's largest hotel groups, to
develop and operate Park Plaza®(1) 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(1) owns, and
operates under, the Arena Hotels & Apartments®(1) and Arena
Campsites®(1) brands.

 

PPHE Hotel Group is a Guernsey(1) registered company with shares listed on the
London Stock Exchange. PPHE Hotel Group also holds a controlling ownership
interest in Arena Hospitality Group(1) ('AHG'), whose shares are listed on the
Prime market of the Zagreb Stock Exchange.

 

Company(1) websites: www.pphe.com (http://www.pphe.com) |
www.arenahospitalitygroup.com (http://www.arenahospitalitygroup.com)

 

For reservations:

www.parkplaza.com (http://www.parkplaza.com) | www.artotel.com
(http://www.artotel.com) | www.radissonhotels.com
(http://www.radissonhotels.com) | www.arenahotels.com
(http://www.arenahotels.com) | www.arenacampsites.com
(http://www.arenacampsites.com)

 

 

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