**Summary**
PPHE Hotel Group Limited released a year-end trading update on January 28, 2026, highlighting solid performance in Q4 2025, with full-year results expected to align with market expectations. Key points include
1. **Financial Performance**
Total revenue and EBITDA for 2025 are in line with market forecasts.
Q4 2025 saw 4.9% room revenue growth and 5.0% RevPAR growth, driven by a 7.8% increase in average room rates and favorable currency exchange rates.
Full-year 2025 reported room revenue is expected to be £330.4 million, up 4.2% from 2024, with like-for-like revenue increasing by 2.4%.
RevPAR improved by 2.6% to £123.4, supported by higher average room rates and slight occupancy increases.
2. **Operational Highlights**
Successful completion of the largest-ever investment program, including the opening of artotel Rome Piazza Sallustio.
Strengthened long-term pipeline with the acquisition of a mixed-use development site near the City of London.
UK hotels performed well, while trading in the Netherlands and Germany was subdued. Croatia’s properties excelled during peak summer months.
3. **Strategic Updates**
The Strategic Review processannounced in November 2025remains ongoingwith updates to follow.
4. **Corporate Details**
PPHE Hotel Group operates a £2.2 billion portfolio of prime hospitality assets in Europe, with brands including Park Plaza®, artotel®, and Arena Hotels & Apartments®.
The Group holds an exclusive license from Radisson Hotel Group and is listed on the London Stock Exchange.
The update underscores PPHE’s resilience in a challenging macroeconomic environment and its focus on long-term growth through strategic investments and portfolio expansion.