Business
Increase in Arena Hospitality Group shareholding
Increase in Arena Hospitality Group shareholding.
About this update from Pphe Hotel Group Limited
[{"type":"text","content":"\n\n\n8 May 2025\n \nPPHE HOTEL GROUP LIMITED (\"PPHE Hotel Group\")\n \nIncrease in Arena Hospitality Group shareholding\n \nPPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces that it has purchased 483,711 shares in Arena Hospitality Group d.d.,(AHG)\n \nPPHE Hotel Group holds a controlling ownership interest in AHG, whose shares are listed on the Prime market of the Zagreb Stock Exchange. Following this acquisition the Group holds 65.5% of the share capital of AHG.\n \nThe announcement can be found at https://www.arenahospitalitygroup.com/en/corporate-governance-investors/regulatory-news\n \nEnquiries:\n \n\n\n\n\nPPHE Hotel Group Limited\nDaniel Kos, Chief Financial Officer & Executive Director\n\n\nTel: +31 (0)20 717 8600\n\n\n\n\nh2Radnor\nIain Daly / Joshua Cryer\n\n\nTel: +44 (0) 203 897 1830\n\n\n\n\nHudson Sandler\nWendy Baker / Nick Moore / India Laidlaw\n\n\nTel: +44 (0)20 7796 4133 Email: [email protected]\n\n\n\n\n \nNotes to Editors\n \nPPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.\n \nThrough its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises1 hospitality real estate. 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 Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.\n \nPPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.\n \nPPHE Hotel Group is a Guernsey regist...