PPHE Hotel Group

PPHE Hotel Group Limited, formerly Park Plaza Hotels Europe, is an international hospitality real estate group. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was established by Eli Papouchado, an Israeli property developer, in 1989.[2] It was floated on the Alternative Investment Market in 2007[3] and it signed a contract to open 20 hotels in Russia in 2008.[4]

In 2010, it opened a c.1,000-bedroom Park Plaza Hotel at Westminster Bridge in London[5] and, in 2013, it opened a 107-bedroom art’otel branded hotel in Amsterdam.[6] Further recent openings include art'otel London Battersea Power Station (2022) and art'otel London Hoxton (2024).[7]

References

  1. Annual Results 2025 PPHE Hotel Group, retrieved 25 February 2025^
  2. PPHE Hotel Group Edison, 1 May 2019, retrieved 17 June 2019^
  3. Eli Papouchado to float hotel co Park Plaza in London Globes, 20 June 2007, retrieved 17 June 2019^
  4. Marc Jones. UK's Park Plaza to open 20 Russian hotels Reuters, 17 April 2008, retrieved 4 February 2019^
  5. 800 new jobs at South Bank hotel London SE1, retrieved 17 June 2019^
  6. Amsterdam to welcome art'otel in 2013 Sleeper, 29 November 2012, retrieved 17 June 2019^
  7. PPHE to open two London hotels in 2019 Food Service News, 7 April 2016, retrieved 17 June 2019^