Park Plaza Hotels Limited
| Public | |
| Traded as | AIM: PPH |
| Industry | Hospitality |
| Founded | 1989 |
| Headquarters | Amsterdam |
Key people |
Eli Papouchado, Chairman Boris Ivesha, CEO |
| Revenue | €245 million (2013) |
| €82.9 million (2013) | |
| €21.8 million (2013) | |
Number of employees | 2500 |
| Website | www.pphe.com |
Park Plaza Hotels Limited (AIM: PPH) is the owner, operator and franchisor of hotels in Europe, the Middle East and Africa. The company is based in St Peter Port, Guernsey, Channel Islands. The majority of the group’s hotels operate under the Park Plaza Hotels & Resorts brand (part of Carlson Hotels Worldwide), over which the Group has exclusive rights in 56 countries in EMEA, or art’otel, a brand which the company fully owns. Park Plaza Hotels also manages the all-suite Plaza on the River – Club and Residence, London.
History
The group opened its first hotel, Park Plaza Mandarin, in Eindhoven, The Netherlands, in 1989. Victoria Hotel Amsterdam (later renamed as Park Plaza Victoria Amsterdam), a historical landmark built in 1890, became the companies' second hotel. In 2000 Park Plaza Hotels acquired the master franchise for the Park Plaza Hotels & Resorts brand from Park Plaza Worldwide, for the EMEA region.
Park Plaza Hotels started to manage the art’otels in 2000, and acquired full ownership of the brand in 2007.
In 2002 the first Chino Latino Restaurant & Bar, offering a mix of pan-Asian cuisine and Latin cocktails, opened at Park Plaza Nottingham; it was later followed by a Chino Latino at Park Plaza Leeds (2003) and Park Plaza Riverbank London (2005). The first Chino Latino outside of the United Kingdom opened in 2010 at the art’otel cologne. [1] Now there are various locations across the world including one in the city.[2]
Management
There are currently more than 38 hotels and aparthotels, with nearly 8,300 guest rooms in the Group’s portfolio. By the end of 2012, the Groups' committed projects and territorial franchise agreements are expected to increase the number of rooms to over 13,000.
Recent projects include art’otel cologne (2010), Park Plaza Westminster Bridge London (2010), Park Plaza Marrakech (2010), art’otel marrakech (2010), Park Plaza Nuremberg (2011), art’otel amsterdam (2011) and art’otel london hoxton (2012).
There are currently no upcoming hotels in the works.[3]
Park Plaza Hotels’ shares are admitted for trading on London’s Alternative Investment Market.
References
- ↑ "Chino Latino Restaurant Cologne | art'otel cologne | Restaurants". www.artotels.com. Retrieved 2016-11-22.
- ↑ "http://www.chinolatino.eu/group/locations". www.chinolatino.eu. Retrieved 2016-11-22. External link in
|title=(help) - ↑ "Our portfolio". www.pphe.com. Retrieved 2016-11-22.
- Scurlock, Gareth (June 30, 2008). "Park Plaza County Hall, Waterloo, London SE1". The Times. London. Retrieved 7 January 2010.