PPHE has hit the spot yet again with Q4 rate-led RevPAR growth of 12%, which is on a par with the previous nine months. While currency-boosted, this is impressive, given a demanding comparative and heightened security threats. We are further reassured by confirmation that this year key renovations should not be disruptive and that openings (c 1,000 rooms) remain on track. 2015 results are due in early March (the company will report in sterling from 2016 to reflect the significance of UK earni
27 Jan 2016
Measuring up
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Measuring up
PPHE Hotel Group Limited (PPH:LON) | 1,408 281.5 1.4% | Mkt Cap: 592.0m
- Published:
27 Jan 2016 - Author:
-
Pages:
2
PPHE has hit the spot yet again with Q4 rate-led RevPAR growth of 12%, which is on a par with the previous nine months. While currency-boosted, this is impressive, given a demanding comparative and heightened security threats. We are further reassured by confirmation that this year key renovations should not be disruptive and that openings (c 1,000 rooms) remain on track. 2015 results are due in early March (the company will report in sterling from 2016 to reflect the significance of UK earni