ACTUALIZACIÓN COMERCIAL
25 de abril de 2024
GRUPO HOTELERO PPHE LIMITADO
("PPHE Hotel Group")
Actualización comercial del segundo trimestre
Improving occupancy and pipeline nearing completion
PPHE Hotel Group, el grupo inmobiliario de hotelería internacional que desarrolla, posee y opera hoteles y resorts, is pleased to announce a trading update for the three months ended 31 March 2024.
Aspectos financieros destacados del 1T
· Total revenue of £77.0 million, up 11.9% year-on-year, driven by growth in occupancy as room rates continued to normalise across both leisure, corporate and meetings and events segments, as well as an increase in operational days in the Croatian portfolio, particularly Grand Hotel Brioni, and the leap year benefit across all markets.
· Demand in the UK and the Netherlands was solid, while trading in Germany was encouraging as the recovery continued. Trading in Croatia also showed positive early signs into its peak summer period.
· RevPAR was £98.1 (Q1 2023: £96.2), increasing by 1.9%. De igual a igual1 RevPAR was £99.4, up 3.3% year-on-year (Q1 2023: £96.2).
· Continued strengthening in occupancy levels with like-for-like occupancy now 71.3% (Q1 2023: 66.9%).
· Average room rates of £139.3 (Q1 2023: £143.7) with room-rate normalising as anticipated.
Q1 Strategic highlights
· The Group's £300+ million development pipeline nears completion:
§ The highly anticipated soft opening of the new 357-room art'otel, London Hoxton, took place in line with plans on 24 April 2024. Customer interest has been strong, and booking activity is expected to ramp up over the coming months as a managed phased opening occurs.
§ El art'otel Roma Piazza Sallustio is on track to open in the coming months.
§ First trading at the recently opened art'otel Zagreb, Croatia (2023 de octubre) y Radisson RED Belgrade, Serbia (February 2024) has been encouraging with these hotels now further underpinning our maintained expectations that at least £25 million of incremental EBITDA will be added to the Group upon stabilisation of trading across all our new hotels.
· Summer bookings are now being taken for guest arrivals from 10 June 2024 for the repositioned Radisson RED Berlin Kudamm, to take advantage of the high level of demand expected in the city ahead of football's UEFA European Championship in June and July.
· There are further opportunities within our longer-term pipeline including at our Park Plaza hotel in Londres Victoria, where we have secured planning permission for an innovative 179-room subterranean property. Planning processes are in place across a number of other sites both in London and overseas, with further opportunities presented also through our ongoing partnership with the Radisson Hotel Group.
· Greg Hegarty appointed as Co-CEO (announced 8 February 2024), responsible for managing the day-to-day running of the business as well as having a key role in defining and implementing the Group's long-term strategy.
Comercio actual y perspectivas
· Booking activity remains healthy, with overall forward booking levels consistent with 2023 levels. The Croatia summer season begins soon and elevated demand for meetings and events is providing further visibility across our other geographies.
· Further progress on rebuilding occupancy is expected to be made, whilst remaining diligent on rate and maximising profitability.
· The pipeline assets (as detailed above) are steadily ramping up, actively contributing to EBITDA.
· The Board remains confident in delivering full year performance in line with market expectations.
Boris Ivesha, presidente y director ejecutivo de PPHE Hotel Group, dijo:
"We are pleased with our progress over the first three months of our new financial year in what is always a quieter period. We have achieved further growth in our top-line performance and RevPAR, as we continue to see increasing occupancy.
The progress with our £300+ million development pipeline continues at pace, and the soft opening of our new art'otel London Hoxton was a momentous occasion for the Group. Our accretive pipeline nearing completion affords us confidence as we move through the year and into the busy summer season.
While still early in the year, leisure trends remain supportive and interest in our brands and assets in key European capital cities continues to support our confidence in our future prospects."
Estadísticas financieras clave para los tres meses terminados el 31 de marzo de 2024 (sin auditar)
reportado | Igual a igual1 | |||||
Tres meses terminaron | Tres meses terminaron | % cambio 2024 vs 2023 | Tres meses terminaron | Tres meses terminaron | % cambio 2024 vs 2023 | |
Los ingresos totales | 77.0m | 68.8m | 11.9% | 76.4m | 68.8m | 11.0% |
Ingresos totales por habitación | 55.2m | 50.4m | 9.6% | 55.0m | 50.4m | 9.1% |
Ocupación | 70.4% | 66.9% | 350 bps | 71.3% | 66.9% | 440 bps |
Tarifa media de la habitación | £139.3 | £143.7 | (3.1)% | £139.4 | £143.7 | (3.0)% |
RevPAR | £98.1 | £96.2 | 1.9% | £99.4 | £96.2 | 3.3% |
1 The like-for-like numbers for 31 March 2024 exclude the first three months of operation from art'otel Zagreb, Croatia.
Consultas:
PPHE Hotel Group Limited | Tel.: +31 (0) 20 717 8600 |
Greg Hegarty, codirector ejecutivo y director ejecutivo | |
Daniel Kos, director financiero y director ejecutivo | |
Robert Henke, vicepresidente ejecutivo de asuntos comerciales | |
hudson sandler | Tel.: +44 (0) 20 7796 4133 |
Wendy Baker / Charlotte Cobb / India Laidlaw / Eloise Fleet |
Notas para los redactores:
PPHE Hotel Group es una empresa inmobiliaria de hostelería internacional, con una cartera de 2.2 millones de libras esterlinas, valorada en diciembre de 2023 por Savills y Zagreb nekretnine Ltd (ZANE), de activos principalmente de propiedad absoluta y arrendamiento a largo plazo en Europa.
A través de sus subsidiarias, entidades controladas conjuntamente y asociadas, es propietaria, copropietaria, desarrolla, alquila, opera y otorga en franquicia bienes inmuebles hoteleros. Su cartera incluye hoteles de lujo de servicio completo, de lujo superior y de estilo de vida en las principales ciudades de entrada y centros regionales, así como propiedades de hotel, resort y camping en destinos turísticos seleccionados. La estrategia del Grupo es hacer crecer su cartera de hoteles centrales de lujo en el centro de la ciudad, ocio y hospitalidad al aire libre y plataforma de gestión de la hospitalidad.
PPHE Hotel Group se beneficia de tener una licencia exclusiva y perpetua de Radisson Hotel Group, uno de los grupos hoteleros más grandes del mundo, para desarrollar y operar hoteles y complejos turísticos con la marca Park Plaza® en Europa, Oriente Medio y África. Además, PPHE Hotel Group posee y opera bajo la marca art'otel® y su subsidiaria croata posee y opera bajo las marcas Arena Hotels & Apartments® y Arena Campsites®.
PPHE Hotel Group es una empresa registrada en Guernsey con acciones que cotizan en la Bolsa de Valores de Londres. PPHE Hotel Group también tiene una participación mayoritaria en Arena Hospitality Group, cuyas acciones cotizan en el mercado Prime de la Bolsa de Valores de Zagreb.
Sitios web de la empresa: www.pphe.com | www.arenahospitalitygroup.com
Para reservaciones:
www.parqueplaza.com | www.artotel.com | www.radissonhotels.com | www.arenahotels.com | www.arenacampsites.com
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