PPHE Hotel Group Limited, formerly Park Plaza Hotels Europe, is an international hospitality real estate group. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

History

The company was established by Eli Papouchado, an Israeli property developer, in 1989. It was floated on the

Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...

in 2007 and it signed a contract to open 20 hotels in Russia in 2008. In 2010, it opened a c.1,000-bedroom Park Plaza Hotel at

Westminster Bridge Westminster Bridge is a road-and-foot-traffic bridge over the River Thames in London, linking Westminster on the west side and Lambeth on the east side. The bridge is painted predominantly green, the same colour as the leather seats in the H ...

in London and, in 2013, it opened a 107-bedroom art’otel branded hotel in

Amsterdam Amsterdam ( , , , lit. ''The Dam on the River Amstel'') is the Capital of the Netherlands, capital and Municipalities of the Netherlands, most populous city of the Netherlands, with The Hague being the seat of government. It has a population ...

. In 2016 the company announced its intention to develop the art'otel London Battersea Powerstation and the art'otel London Hoxton.

Operations

The majority of the group’s hotels operate under the

Park Plaza Hotels & Resorts Park Plaza Hotels & Resorts, formerly Park Plaza International Hotels, Inns and Resorts and commonly known as just Park Plaza, is a hotel chain which runs several hotel groups as franchises. It was established in 1986 as a company and acquired b ...

brand (part of

Radisson Hotel Group Radisson Hospitality, Inc. (trading as Radisson Hotel Group) is an American multi-national hospitality company. It started as a division of Carlson Companies, which owned Radisson Hotels, Country Inns & Suites and other brands. In 1994, Carlson s ...

), over which the Group has exclusive rights in countries in Europe and the middle east.

References

External links

* {{Authority control Hotel and leisure companies of the United Kingdom Companies of Guernsey Companies listed on the London Stock Exchange