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Art'otel London

  • PPHE Hotels: Art’otel owner reports double-digit growth despite project delays

    Business

    Hospitality real estate group PPHE has reported double-digit growth despite delays to multiple hotel projects this year. Like-for-like total revenue growth at the LSE-listed company was up 4.3 per cent to £187.8m in the six months ended 30 June 2024, from £180m in the first half of 2023. The total revenue performance for PPHE’s London [...]

    Occupancy of hotels has risen but higher staff costs mean profitability has fallen

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