Hotel Brands
PPHE FY revenues rise 5.7% amid strong Q4 momentum
It comes as trading momentum in Q3 continued into the fourth quarter, with like-for-like room 2.6% revenue growth in Q4, alongside a like-for-like RevPAR growth of 2.5%
PPHE Hotel Group has announced that its total revenues and EBITDA are expected to be in line with market expectations for the year ended 31 December 2024.Over the year, reported group room revenue rose by 5.7% to £317.2m, up from £300.1m the prior year, including revenue from the recent openings of art’otel London Hoxton and art’otel Zagreb.
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