PPHE Hotel Group Limited
27 August 2026
27 August 2026
PPHE HOTEL GROUP LIMITED
("PPHE Hotel Group", "PPHE" or the "Group")
Appointment of Non-Executive Director
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces the appointment of Yoav Papouchado as Non-Executive Director to its Board of Directors, effective today.
Yoav Papouchado, Chairman of Red Sea Hotels Limited ("Red Sea"), has over 30 years of experience in residential developments and data centres worldwide, developed through his long tenure at Red Sea. Yoav is also Vice Chairman of the Supervisory Board of Arena Hospitality Group, the Company's subsidiary listed on the Zagreb Stock Exchange. Yoav has a B.A. in Economics and an MBA, both from Tel Aviv University. Yoav Papouchado also acted as an Alternate Director for Eli Papouchado for five years from 2020.
Red Sea is controlled by Eli Papouchado, who, together with his family trusts, owns 32.87 per cent of the issued share capital of the Company (excluding treasury shares). Yoav Papouchdo will act as the second representative director of the Red Sea Group alongside Roni Hisch, in line with Red Sea's contractual rights under the Relationship Agreement with the Company.
Kenneth Bradley, Non-Executive Chairman of PPHE, commented:
"We are very pleased to welcome Yoav to the Board. As Chairman of Red Sea, he is a senior appointment who will bring significant expertise and experience to the Company. Following the appointment, we intend to review the overall composition and balance of the Board, and we look forward to updating further on this in due course".
No further information is required to be disclosed under UKLR 6.4.8R.
Enquiries
|
PPHE Hotel Group Limited |
Tel: +31 (0)20 717 8600 |
|
Hudson Sandler |
Tel: 020 7796 4133 |
Notes to Editors
PPHE Hotel Group is an international hospitality real estate company, with a £2.4 billion portfolio, valued as at December 2025 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.
PPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.
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