Completion of refinancing of Park Plaza Victoria

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RNS Number : 1979M PPHE Hotel Group Limited 18 December 2025  

 

18 December 2025   PPHE Hotel Group Limited ("PPHE", the "Group" or the "Company")   Completion of refinancing of Park Plaza Victoria London   PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, is pleased to announce that a new £88 million 5-year facility agreement relating to the refinancing of Park Plaza Victoria London, previously announced by the Company on 16 December 2025, has today completed.   - Ends -   Enquiries:  

PPHE Hotel Group Limited

Tel: +31 (0)20 717 8600

Greg Hegarty, Co-Chief Executive Officer Daniel Kos, Chief Financial Officer & Executive Director



Robert Henke, Executive Vice President of Commercial Affairs

   

H2Radnor Iain Daly / Joshua Cryer  

  Tel: +44 (0) 203 897 1830

Hudson Sandler

Tel: +44 (0)20 7796 4133

Wendy Baker / India Laidlaw

pphe@hudsonsandler.com



    Notes to Editors:   PPHE 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.   Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises 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.   PPHE 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.   PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.   Company websites: www.pphe.com | www.arenahospitalitygroup.com   For reservations: www.parkplaza.com | www.artotel.com | www.arenahotels.com | www.arenacampsites.com | www.radissonhotels.com

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