The first Park Plaza hotel opened in Eindhoven in The Netherlands in 1989, and PPHE Hotel Group now operates 40 hotels offering 9,200 guest rooms primarily across three respected brands: Park Plaza® Hotels & Resorts, art’otel® and Arenaturist.
Record revenue and operating profit.
Opened Park Plaza Arena Pula.
Signed hotel management agreement for art’otel london battersea power station.
Significant progress made with four construction projects and on target to open nearly 1,100 rooms during 2016.
Record revenue, increased operating profit and improved earnings per share.
Excellent progress made with revenue growth, significant refinancing, acquisitions, openings and refurbishments
Completed €350.0 million refinancing of key hotels
Opened flagship, 5-star, art'otel amsterdam
Company name changed to PPHE Hotel Group, reflecting its multi-brand approach for operating hotels
Strong financial results with record revenue and EBITDA
Opening of three Park Plaza Resorts in Croatia
Migrates from AIM to the LSE’s Main Market
Achieves a record performance with total revenue of €202.4m and EBITDA of €65.0m
Opens the company’s largest hotel, the 1,019-room Park Plaza Westminster Bridge London
Acquires and rebrands Park Plaza Amsterdam Airport, the company’s first airport hotel in ownership
Enters the resort segment with an ownership stake in, and management of, the Arenaturist group in Croatia
Establishes Park Plaza Hotels Limited and successfully floats on AIM, raising £85 million
Acquires the worldwide art’otel®brand rights
Adds a total of 11 new hotels to the portfolio, including the prestigious Park Plaza London Riverbank and Plaza on the River® – Club and Residence
Forms a strategic alliance with Carlson, the owner of the Park Plaza® brand since 2000
Extends the territorial licence agreement to cover a further 52 countries
Enters an agreement to operate art’otels and Park Plaza® hotels in Germany and Hungary
Opens the first Park Plaza® hotel in central London
Opens Park Plaza Utrecht
Acquires the Park Plaza® Hotels & Resorts territorial licence for four countries
Acquires and rebrands the iconic Park Plaza Victoria Amsterdam
Park Plaza Hotels Europe is established and opens its first hotel – Park Plaza Eindhoven
Park Plaza International is founded by a US entrepreneur
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