PPHE Hotel Group, a UK-based hotel operator, reported a 4.7% increase in first-half revenue to £209.3 million as strong UK performance and contributions from new properties offset higher business rates.
EBITDA grew 6.3% to £48.4 million, supported by cost management measures, while pretax profit reached £135.1 million. Revenue per available room stood at £113.50 during the period.
The company attributed its performance to robust results in the United Kingdom, particularly in London, where higher room rates and stable occupancy levels drove growth. Newly opened properties also contributed to the revenue increase as they continued to establish market positions.
A stronger Euro to Sterling exchange rate provided additional support to financial performance during the first half.
PPHE Hotel Group expects its full-year 2026 results to align with market expectations, with consensus forecasts projecting revenue between £475.0 million and £483.0 million. Full-year 2026 EBITDA is forecasted to range from £140.0 million to £147.0 million.
