PPHE Hotel Group Limited
Investec appointed as Joint Broker to PPHE Hotel Group Limited
Investec has been appointed as Joint Broker to PPHE Hotel Group Limited, the international hospitality real estate group which develops, owns and operates hotels and resorts, a FTSE 250 constituent with a market capitalisation of c. £490m.
Investec has been appointed to promote PPHE’s equity story, broaden its shareholder register, and support the Group’s growth ambitions by providing strategic and M&A advice.
About PPHE Hotel Group Limited
PPHE co-owns, develops, leases, operates and franchises hospitality real estate through its subsidiaries, jointly controlled entities, and associates.
PPHE has a market capitalisation of £489.2m as at 5 January 2024 and is a constituent of the FTSE 250.
PPHE was also previously a client of Investec (under its previous name, Park Plaza) between 2009 and 2014. As part of Investec’s role, the Company migrated from AIM to the Standard List of the Main Market in June 2011.
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 Company’s strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.
It operates in a number of geographies, including the Netherlands, Germany, United Kingdom and Croatia as well as individual hotels in Hungary, Serbia, Italy, and Austria.