PPHE Reports Q3 Revenue Growth on Strength in London and Croatia
PPHE said total revenue rose 5.8% to £164.9 million, or 6.3% on a like-for-like basis. Revenue per available room increased 6.6% to £149.5, supported by a 2.6% rise in average room rates to £179.4.
PPHE said total revenues rose 5.8% to £164.9m, or 6.3% on a like—for—like basis, supported by strong guest demand across its UK portfolio and a robust summer season in Croatia.Revenue per available room increased 6.6% to £149.5, helped by a 2.6% rise in average room rates to £179.4 and a 310 basis…