PPHE Hotel Group

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Finance

Lender lottery on access to funding

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With cashflow becoming an increasingly critical issue for hotel owners during the pandemic, the ability for owners to raise new debt or equity is a key issue. 

The Latest

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    Covid-19

    Clarity required over hotel grants

    Hotels in England were awaiting clarification on whether they would be able to access government support during lockdown.
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    Results

    PPHE ‘well positioned for growth’

    PPHE Hotel Group said that it was waiting for further guidance on the lockdown in England, but was “well positioned for growth both in the near-term and when restrictions are lifted”.
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    Insider

    Taking the burn

    Three am is the time when the monsters under our beds get into our heads and wake us up for some proper cold-sweat frightening. Not often, fortunately, but one suspects more and more given the background of global pandemic.
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    Results

    PPHE looks for opportunity

    PPHE Hotel Group said that it was looking to “capitalise on future opportunities”, describing its £137m total cash balance as putting it in a “strong” financial position.
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    Trading update

    COVID-clattered PPHE to 'rebuild momentum, optimise efficiency'

    PPHE Hotels says in a trading statement it reacted quickly to combat Covid-clattered trade between March and June this year.
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    COVID-19

    PPHE plans openings

    PPHE Hotel Group said that it had seen “subdued demand” at several hotels in Germany and Hungary and was planning to open selected hotels in the Netherlands and the UK.
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    Results

    PPHE backs London

    PPHE told us that it was seeing a “strong pickup” in London after some caution in the fourth-quarter, as the UK capital continued trade strongly.