Business
Annual Results & Publication of Annual Report
PPHE Hotel Group Limited reported audited annual results for the year ended 31 December 2025, with total revenue increasing by 5.3% to £466.4 million and like-for-like revenue up 3.7% to £456.9 million. EBITDA rose by 1.3% to £138.2 million, though the EBITDA margin saw a slight decrease. The company proposed a final dividend of 22 pence per share, bringing the total for the year to 39 pence, a 2.6% increase. Key strategic developments included the opening of art'otel Rome Piazza Sallustio and progress on a new development site near the City of London. The Group anticipates continued revenue and EBITDA growth in 2026, in line with market expectations. Disclaimer*
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n\n \n26 February 2026\n \nPPHE Hotel Group Limited\n(\"PPHE\", \"the Company\" or the \"Group\")\n \nAudited Annual Results for the financial year ended 31 December 2025\nPublication of Annual Report & Accounts\n \n2025 full-year results in line with market expectations\n \nPPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, is pleased to announce its audited annual results for the financial year ended 31 December 2025.\n \nKey financials\n\n\n\n\n\n\n\nReported in GBP (£)\n\n\nLike-for-like*1 in GBP (£)\n\n\n\n\n\n\n\nYear ended\n31 December 2025\n\n\nYear ended\n31 December 2024\n\n\nVariance2\n\n\nYear ended\n31 December 2025\n\n\nYear ended\n31 December 2024\n\n\nVariance2\n\n\n\n\nTotal revenue\n\n\n£466.4 million\n\n\n£442.8 million\n\n\n5.3%\n\n\n£456.9 million\n\n\n£440.8 million\n\n\n3.7%\n\n\n\n\nRoom revenue3\n\n\n£330.4 million\n\n\n£317.2 million\n\n\n4.2%\n\n\n£323.0 million\n\n\n£315.4 million\n\n\n2.4%\n\n\n\n\nEBITDA*\n\n\n£138.2 million\n\n\n£136.5 million\n\n\n1.3%\n\n\n£139.0 million\n\n\n£136.1 million\n\n\n2.1%\n\n\n\n\nEBITDA Margin*\n\n\n29.6%\n\n\n30.8%\n\n\n(120)bps\n\n\n30.4%\n\n\n30.9%\n\n\n(50)bps\n\n\n\n\nReported PBT\n\n\n£1.5 million\n\n\n£30.6 million\n\n\n(95.2)%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\nReported basic EPS\n\n\n32p\n\n\n67p\n\n\n(53.0)%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\nReported diluted EPS\n\n\n31p\n\n\n66p\n\n\n(53.0)%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEPRA NRV per share*\n\n\n£27.35\n\n\n£27.51\n\n\n(0.6)%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\nAdjusted EPRA earnings per share*\n\n\n125p\n\n\n125p\n\n\n0.0%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\nDividend per share\n\n\n39p\n\n\n38p\n\n\n2.6%\n\n\nn/a\n\n\nn/a\n\n\nn/a\n\n\n\n\nOccupancy3\n\n\n75.1%\n\n\n74.5%\n\n\n60bps\n\n\n75.8%\n\n\n74.5%\n\n\n130bps\n\n\n\n\nAverage room rate*3\n\n\n£164.3\n\n\n£161.5\n\n\n1.7%\n\n\n£163.0\n\n\n£161.9\n\n\n0.7%\n\n\n\n\nRevPAR*3\n\n\n£123.4\n\n\n£120.3\n\n\n2.6%\n\n\n£123.5\n\n\n£120.6\n\n\n2.4%\n\n\n\n\n \n1 The like-for-like figures exclude the 2025 results from the newly opened art'otel Rome Piazza S...