Overview
UK hospitality real estate group's Q1 revenue rose 8% yr/yr to £83.8 mln
Q1 RevPAR increased 4.9% to £100, driven by higher room rates and stable occupancy
Outlook
Company says recent portfolio investments and new openings to deliver further revenue growth in 2026
Result Drivers
LONDON DEMAND - Co said revenue and average room rate growth in London drove Q1 performance, with occupancy stable
NETHERLANDS VAT IMPACT - Co said higher VAT rate in the Netherlands suppressed RevPAR growth as anticipated
GERMANY GAINS - Co said trading in Germany delivered RevPAR growth through improved occupancy and average room rate
Company press release: ID:nRSc3743Ca
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
GBP 83.80 mln
Q1 RevPAR
GBP 100
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 30.9% above its April 28 closing price of GBp1,604.00
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 20 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.)
