Business
Completion of Franz Ferdinand Resort acquisition
Completion of Franz Ferdinand Resort acquisition.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 5094U\n PPHE Hotel Group Limited\n 03 December 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 3 December 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n PPHE Hotel Group Limited\n \n \n (\"PPHE Hotel Group\")\n \n \n \n \n \n Arena Hospitality Group d.d. -\n Completion of acquisition of the FRANZ Ferdinand Mountain Resort\n \n \n \n \n \n \n \n \n PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces that Arena Hospitality Group d.d., whose shares are listed on the prime market of the Zagreb Stock Exchange and in which PPHE Hotel Group holds a controlling ownership interest, has today published an update regarding completion of the acquisition of the FRANZ Ferdinand Mountain Resort, a 4-star hotel in Nassfeld, Austria.\n \n \n \n \n \n The announcement can be found at: \n \n https://www.arenahospitalitygroup.com/en/investors/regulatory-news\n \n \n \n \n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n PPHE Hotel Group Limited\n \n \n \n \n \n \n \n \n \n Daniel Kos \n \n \n Chief Financial Officer & Executive Director \n \n \n \n \n \n \n \n \n \n \n \n \n \n Robert Henke\n \n \n Executive Vice President of Commercial Affairs\n \n \n \n \n Tel: +31 (0)20 717 8600\n \n \n \n \n \n \n \n \n \n Hudson Sandler \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Wendy Baker\n \n \n Lucy Wollam\n \n \n \n \n Tel: +44 (0)20 7796 4133\n \n \n Email: \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n Notes to Editors\n \n \n \n \n \n PPHE Hotel Group is an international hospitality real estate company, with a 1.7 billion portfolio, valued as at December 2020 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe. \n \n \n \n \n \n Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its primary focus is full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort an...