PPHE Hotel Group has announced plans to launch a formal sale process as part of a strategic review to enhance shareholder value. Rothschild & Co will serve as financial adviser for the review, which may lead to the sale of all or part of the company’s share capital. Major shareholders support the initiative. PPHE manages a £2.2bn portfolio of upscale city hotels, resorts, and campsites across Europe. The group holds licenses to operate Park Plaza and art’otel properties, and maintains a stake in Arena Hospitality Group. Recently, PPHE implemented the Oracle OPERA Cloud platform across 18 hotels in Europe.

Read more at Yahoo Finance: PPHE plans to run formal sale process amid strategic review