REG - PPHE Hotel Grp Ltd - Year-end Trading Update

PPHE HotelAnnouncement

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RNS Number : 6094Q  PPHE Hotel Group Limited  28 January 2026

 

 
              28 January 2026

 

PPHE Hotel Group Limited

("PPHE" or the "Group")

 

Year-end Trading Update

Solid Q4 delivery, with full-year results in line with market expectations(1)

 

PPHE Hotel Group, the international hospitality real estate group which
develops, owns and operates hotels and resorts, is pleased to announce a
trading update in advance of the Group's results for the year ended 31
December 2025 ("2025"), which are due to be announced on 26 February 2026.

 

Commenting on the trading update, Greg Hegarty, Co-Chief Executive Officer,
PPHE Hotel Group said:

 

"2025 was another year of financial and strategic progress for PPHE Hotel
Group, achieved against a volatile macroeconomic and geopolitical environment.
We are encouraged by our solid delivery in the final quarter of the year, with
full year results expected to be in line with market expectations.

 

We completed our largest-ever investment programme, marked by the opening of
art'otel Rome Piazza Sallustio, and we continued to establish the market
positions of our recently opened and repositioned properties, including that
of the art'otel London Hoxton, to maximise the long-term financial potential
of these properties. Our long-term pipeline was strengthened with the
acquisition of a mixed-use development site near the City of London."

 

Highlights & updates

 

 ·             The Group's 2025 total revenue and EBITDA are expected to be in line with
               market expectations(1).

 ·             In Q4 2025, good trading momentum delivered Group room revenue growth of 4.9%
               and RevPAR growth of 5.0%, which was the result of a 7.8% increase in average
               room rate and foreign currency exchange rate tailwinds compared with Q4 2024.
               Like-for-like(2) Group room revenue in Q4 grew by 4.6% and RevPAR increased by
               3.6%.

 ·             For 2025, reported Group room revenue is expected to be £330.4 million, an
               increase of 4.2% (2024: £317.2 million). Like-for-like(2) Group room revenue
               increased by 2.4%.

 ·             Reported RevPAR in 2025 improved by 2.6% to £123.4 (2024: £120.3), supported
               by a 1.7% increase in average room rate to £164.3, and a marginal increase in
               occupancy to 75.1% (2024: 74.5%). Like-for-like(2) RevPAR increased by 2.4%,
               average room rate increased by 0.7%, whilst occupancy increased by 130 bps.

 ·             The Group's UK hotels delivered a solid performance, with room revenue and
               RevPAR growth driven by occupancy growth and stable average room rate
               delivery. In the Netherlands and Germany, overall trading in the year was
               subdued, with pressures on both occupancy and average room rate. In Croatia,
               the Group's hotels, self-catering apartments and campsites all performed well
               during the peak summer months, with strong average room rate growth, alongside
               stable year-on-year occupancy.

 ·             The Strategic Review process announced by the Company on 21 November 2025
               remains ongoing. The Company will update the market in due course.

( )

(1)As at 27 January 2026, PPHE compiled analyst consensus forecast for 2025
showed a Reported total revenue range of £458.4 million to £469.0 million
and a Reported EBITDA range of £133.2 million to £137.8 million.

 

(2) The like-for-like figures exclude the 2025 results from the newly opened
art'otel Rome Piazza Sallustio, the results of the first three months of 2025
from art'otel London Hoxton and the last four months of 2024 of the recently
terminated leasehold of Park Plaza Wallstreet Berlin Mitte.

 

 

Enquiries:

 

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

 Greg Hegarty, Co-Chief Executive Officer

 Daniel Kos, Chief Financial Officer & Executive Director

 Robert Henke, Executive Vice President Commercial Affairs
 h2Radnor                                                       Tel: +44 (0) 203 897 1830

 Iain Daly / Joshua Cryer
 Hudson Sandler                                                 Tel: +44 (0)20 7796 4133

Email: pphe@hudsonsandler.com (mailto:pphe@hudsonsandler.com)
 Wendy Baker / Nick Moore / India Laidlaw

 

 

Notes to Editors

 

PPHE Hotel Group (LSE: PPH) is an international hospitality real estate
company, with a £2.2 billion portfolio, valued as at December 2024 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 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, 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.

 

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

 

Company 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/)

 

Rule 28 of the Takeover Code

 

The UK Panel on Takeovers and Mergers has confirmed that the profit estimate
constitutes an ordinary course profit forecast for the purposes of Note 2(b)
to Rule 28.1 of the Takeover Code, to which the requirements of Rule
28.1(c)(i) of the Takeover Code apply.

 

Directors' confirmation

 

The directors have considered the profit estimate contained herein and confirm
that it remains valid as at the date of this statement, have been properly
compiled and the basis of the accounting used is consistent with the Group's
existing accounting policies.

 

Basis of preparation

 

The profit estimate is based on the Group's current internal unaudited
consolidated accounts for the year ended 31 December 2025. The profit estimate
is not based on any assumptions. The basis of the accounting policies used in
the profit estimate is consistent with the existing accounting policies of the
Group, which use 'Alternative Performance Measures' and International
Financial Reporting Standards measures as approved by the International
Accounting Standards Board and adopted by the European Union.

 

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