PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,135.00p
   
  • Change Today:
    -60.00p
  • 52 Week High: 2,140.00
  • 52 Week Low: 805.00
  • Currency: UK Pounds
  • Shares Issued: 42.46m
  • Volume: 5,288
  • Market Cap: £481.91m
  • RiskGrade: 335

PPHE Hotel to develop new hotel in Croatian capital

By Iain Gilbert

Date: Thursday 30 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Hospitality real estate group PPHE Hotel said on Thursday that it plans to develop a new city centre hotel in the Croatian capital of Zagreb through its subsidiary, Arena Hospitality.
PPHE has entered into a 45-year lease for the development and operation of a "contemporary branded hotel" in Zagreb, the subject to obtaining certain permits as it will involve the conversion of an iconic building in the heart of the city.

The 115 room hotel will include a destination restaurant and bar, wellness and spa facilities, fitness centre, event space and parking. The hotel was expected to open within 24 months, the company said.

Arena is looking to expand its business in Central Eastern Europe and PPHE said the new hotel would enhance the geographic spread of its portfolio and decrease its exposure to seasonality.

Chief executive Boris Ivesha said: "This proposed new hotel in Zagreb adds further growth to our secured £300m pipeline of hotel projects in the UK, Europe and the US.

"Through our subsidiary Arena, we are continuing to expand our presence in Central Eastern Europe and we have the local expertise, infrastructure and reputation to realise the substantial opportunities in this exciting region."

As of 0935 GMT, PPHE shares were down 1.01% at 1,990p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PPH Market Data

Currency UK Pounds
Share Price 1,135.00p
Change Today -60.00p
% Change -5.02 %
52 Week High 2,140.00
52 Week Low 805.00
Volume 5,288
Shares Issued 42.46m
Market Cap £481.91m
RiskGrade 335

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.84% above the market average48.84% above the market average48.84% above the market average48.84% above the market average48.84% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
47.02% below the market average47.02% below the market average47.02% below the market average47.02% below the market average47.02% below the market average
15.07% above the sector average15.07% above the sector average15.07% above the sector average15.07% above the sector average15.07% above the sector average
Income
40.63% below the market average40.63% below the market average40.63% below the market average40.63% below the market average40.63% below the market average
15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average
Growth
19.12% below the market average19.12% below the market average19.12% below the market average19.12% below the market average19.12% below the market average
27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PPH Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 19-Sep-19
Paid n/a 15-Oct-19
Amount 0.000p 17.00p

Trades for 14-Jul-2020

Time Volume / Share Price
12:19 130 @ 1,135.00p
12:19 200 @ 1,135.00p
12:19 117 @ 1,135.00p
12:19 103 @ 1,135.00p
12:02 110 @ 1,140.00p

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