PPHE HOTEL GROUP

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PPHE HOTEL GROUP

P P H E

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COMPANY PROFILE 2022

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PPHE HOTEL GROUP

Understanding PPHE Hotel Group

Who we are

PPHE Hotel Group is an international hospitality real estate group with a £1.8 billion portfolio of assets in Europe in leading cities, urban markets and resort destinations.

We are an owner and developer of hospitality assets with a scalable management platform attached.

Vision

To deliver a best-in-class

performance through building further

scale and depth in our real estate portfolio and growing the platform with our integrated

'Buy, Build, Operate' model.

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Buy

Build

Operate

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GROUP

What sets PPHE apart?

HOTEL

Key features

PPHE

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Our Management team and Board

  • Founder managed since 1980's
  • Strong shareholder alignment with founders holding 43% of the shares (true custodians of shareholder capital)
  • Founders entrepreneurial DNA fully embraced by the multi-disciplined executive team, whose members have an average tenure of >10 years

The model

  • Our "Buy, build, operate" business model provides exposure and returns across the entire value chain
  • Strong capital recycling model, to grow shareholder value without dilution
  • Hospitality management platform growth opportunity

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Focus on equity value

  • Growing NAV through development, repositioning and operational excellence
  • Disciplined capital allocation to new acquisitions meeting yield profile and/or development potential
  • Asset right, not asset light

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Track record

  • Delivered a TSR of 245%* since IPO (2007), including a two year COVID period
  • NAV total return 347%* since IPO (including two years COVID), without dilution of shareholders
  • Double digit 10-year CAGR on revenue and EBITDA pre-COVID
  • based on 30 June 2022.

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PPHE HOTEL GROUP

The strategy

What makes us different

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Integrated developer, owner and operator

  • Real estate sits at the heart of our strategy
  • Strong preference for assets with development potential
  • Full control over every aspect of the hospitality real estate value chain
  • Diversified real estate portfolio focused predominantly in Europe

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Unique approach to capital structure

  • Self funded growth, through capital recycling
  • Raising capital (both third party equity and debt) at asset level, not diluting PPHE shareholders
  • Maintain strong bank debt covenants

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The hospitality management platform

  • Fully scalable management platform, with exclusive Radisson Hotel Group partnership
  • Platform growth through managing fully and jointly owned real estate
  • Long term agreements, providing base fee income with upside based on underlying hotel trading

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Disclaimer

PPHE Hotel Group Limited published this content on 01 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2022 17:00:03 UTC.