PPHE Hotel Group Limited (PPH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning ladies and gentlemen and welcome to the PPHE Hotel Group Limited investor presentation. Questions are encouraged, they can be submitted at any time via the Q&A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself, however the company can review all questions submitted today and will publish those responses where it's appropriate to do so on the InvestorMeet company platform. Before we begin, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the team from PPHE Hotel Group. Greg, good morning, sir. Hello, good morning. Good morning and welcome to our 2026 half year results. My name is Greg Hegarty. I'm co-CEO of the PPHE Hotel Group. and to my left I'm joined by Robert our EVP of Commercial and to my right I have Daniel Kos our Chief Financial Officer. So we are really pleased to report good solid first half year results, good strong operating performance but before we get into the detail I think it would be poignant to show a quick video. Thank you. Dave, thank you for that. Right, what we're going to do, I'm going to talk you through some of our strategic and operational updates. So we have had several strategic financing highlights during the period. These include the acquisition of a freehold of Park Plaza, London Waterloo for £147.9 million, which was funded by a new five-year facility at £136.5 billion. This transaction has sympathised simplified and strengthened our balance sheet and Daniel will take you through that a little bit more as we go through...