Business
Acceleration of global growth of art’otel brand
Acceleration of global growth of art’otel brand.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n\n\n15 May 2023\n \nPPHE HOTEL GROUP LIMITED (\"PPHE\" or \"the Group\")\n \nPPHE and Radisson Hotel Group accelerate global growth of art'otel brand\n \nPPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, is pleased to announce the inclusion of its owned premium lifestyle brand art'otel in Radisson Hotel Group's brand portfolio, growing this portfolio to ten distinct brands under one overarching umbrella.\n \nPPHE and Radisson Hotel Group (\"Radisson\") significantly extended their long-standing strategic partnership in May 2022, allowing both companies to leverage their respective brand strengths across their portfolios. The inclusion of art'otel in Radisson's brand portfolio of bold, art and design-inspired hotels marks both companies' aspirations to accelerate the global growth of the premium lifestyle art'otel brand, building on PPHE's iconic art'otel properties and attractive development pipeline alongside Radisson Hotel Group's powerful technology and distribution platforms, reward programmes, scale and growth aspirations.\n \nThe art'otel brand is centered around carefully designed iconic hotel properties, each with a signature artist and strong emphasis on curating exhibitions, events and launches, paired with outstanding service and destination restaurants and bars. The Group recently opened art'otel London Battersea Power Station and has three exciting art'otel projects in the pipeline - in London Hoxton, Rome and Zagreb - which provide a compelling and attractive launch platform for art'otel as an attractive premium lifestyle brand for both guests and hotel owners around the world.\n \nBoris Ivesha, President & CEO of PPHE Hotel Group, commented:\n \n\"We are continuing to actively develop our premium lifestyle art'otel brand following the recent opening of our first art'otel in London, and we have a number of further exciting art'otel branded properties in our development pipeline. We are thrilled to have extended our partnership with Radisson Hotel Group, building on our 20-year partnership, providing us with access to their technology platforms, powerful reward programs and development expertise in markets targeted for art'otel growth.\"\n \nFederico J. González, Executive Vice Chairman of Radisson Hot...