PPHE and Dalata poised

Owner operators Dalata and PPHE are poised for an asset-backed relaunch, as the pair prepare for the reopening of the UK market, where both have a substantial presence.   Despite both posting substantial losses for full year 2020, they are looking forward to reopening and pushing forward with strong growth pipelines.   “We’re impatient for the recovery […]

PPHE full-year revenues fall 70%

PPHE Hotel Group has reported a 70% decline in revenue in its financial results for the year ending 31 December 2020, as the company was impacted by the economic downturn and subsequent lockdowns resulting from the Covid-19 pandemic. The hotel chain, which owns brands such as Park Plaza, saw total revenue drop from £357.7m last […]