Our History

Radisson RED Belgrade opened its doors in February 2024 as a new upscale lifestyle 88 bedroom hotel, marking the debut of the vibrant Radisson RED brand in Southeast Europe. Located on Takovska Street near the House of the National Assembly, Radisson RED Belgrade offers a unique blend of tradition and contemporary style, following a complete renovation and rebranding of the existing hotel building.

art'otel London Battersea Power Station, the first art'otel in the United Kingdom, opens to the public in spectacular style.

PPHE Hotel Group confirms Clal Insurance as cornerstone investor for its European Hospitality Real Estate Fund of up to €250m equity.

Transformational repositioning of art'otel Berlin Mitte.

Marking the Group’s debut in the Croatian capital, , art’otel Zagreb had it’s soft opening in October 2023. The former office building converted into a 110-room premium lifestyle art’otel.

Following two years of extensive redevelopment, Grand Hotel Brioni Pula, was launched in May 2022 as a Radisson Collection Hotel.

Extending our longstanding strategic partnership with Radisson Hotel Group. Jointly developing a global portfolio of premium lifestyle art’otels in key gateway cities and capitalising on growth opportunities presented by PPHE’s current and future property portfolio.

Acquisition of the 4-star Londra & Cargill Hotel in a prime central location in the city of Rome. Marking the Group’s entry into the Italian market. 

Named best Employer of the Year at the Cateys. Presented by industry peers, the highly coveted accolade recognises the Group’s commitment to supporting colleagues, guests, and the communities in which it operates

Acquisition of the FRANZ Ferdinand Mountain Resort Nassfeld, a 4-star hotel in Nassfeld, Austria

Launch of Reassuring Moments and Digital Services including online check in and digital key

Securing 180 million (GBP) for the building of art’otel london hoxton, expected to open in 2024

The successful repositioning of Arena Grand Kažela Medulin adding 45 new premium mobile homes and upgrading several bar and leisure areas

Purchasing the Guest House Hotel Riviera in Pula

Acquiring the 88 Rooms Hotel in Belgrade, Serbia

Securing permission to convert the leased hotel in Zagreb

Planning permission given to develop a mixed-used scheme near Park Plaza London Park Royal

Completion of a multiyear extensive £100m+ hotel investment programme aimed at repositioning and further upgrading property portfolio in the UK and Netherlands

Successful re-opening of Holmes Hotel London, which received a £9.0 million investment to reposition the property

Entry into the United States for our wholly-owned art’otel brand with a joint venture agreement to develop a prime site located in Manhattan, New York

Second major repositioning project for 2019 unveiled as Arena completed a multi-million-pound repositioning of the Arena Kažela Campsite including brand-new luxury camping homes

Inclusion in the FTSE 250 and FTSE All Share indices

Awarded highly coveted AA Large Hotel Group of the Year accolade

PPHE Hotel Group transfers to a Premium Listing.

Park Plaza Victoria Amsterdam renovation completed.

PPHE Hotel Group becomes a member of European Public Real Estate Association (EPRA).

Full opening of Park Plaza London Waterloo and Park Plaza London Park Royal.

Start of extensive renovations of Park Plaza Victoria Amsterdam, Park Plaza Vondepark Amsterdam, Park Plaza Utrecht and Park Plaza Sherlock Holmes.

Completed the Sale and Leaseback of Park Plaza London Waterloo.

Acquired the freeholds for art'otel berlin kudamm and art'otel cologne.

Took controlling interest in Arenaturist in Croatia.

Contributed our German and Hungarian operations to Arenaturist.

Successfully completed debt restructuring programme.

Opened Park Plaza Nuremberg and BA Beef Club restaurant.

Completed major extension at Park Plaza London Riverbank.

Soft opening of Park Plaza London Waterloo.

Realising shareholder value via Special Dividend of £1.00 per ordinary share announced.

Record revenue and operating profit.

Opening of 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

Opening 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

Opening of 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 an US entrepreneur