(TAN): Radisson Hotel Group and PPHE Hotel Group, the London listed international hospitality real estate and management company, have announced that they have extended their longstanding strategic partnership. Through the partnership, they will jointly develop a global portfolio of premium lifestyle art’otels in key gateway cities and capitalize on growth opportunities presented by PPHE’s current and future property portfolio.
For the past two decades, PPHE has held the exclusive master franchise rights for Radisson Hotel Group’s upper upscale Park Plaza brand in EMEA. Given the successes achieved together, the companies have now entered into an agreement to introduce the premium brand as an upper upscale lifestyle opportunity to its owners and guests and develop art’otels in key gateway cities and with select owners across the globe.
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art’otel is a growing collection of upper upscale lifestyle properties, with art’otel Amsterdam the brand’s current flagship. Several iconic art’otels are scheduled to open in coming years, most notably art’otel London Battersea Power Station in 2022 and the art’otel London Hoxton in 2024. Additional openings are planned for Zagreb, Pula and Rome in 2022 and 2023.
Each art’otel is inspired by a signature artist, forming a cultural, gastronomic, and social hub in the most creative areas of the most interesting cities.
The first hotel to be confirmed under this extended partnership is the Grand Hotel Brioni Pula, A Radisson Collection Hotel.
“We are thrilled to expand our relationship with PPHE and further support the growth and evolution of art’otel internationally. Art blends culture with lifestyle and this bold brand will provide unique opportunities to our guests and owners in this growing upper upscale segment. We are equally excited to grow the Radisson Hotel Group brands across Europe with our trusted partner with the launch of the first Radisson Collection in Croatia of the renowned Hotel Brioni,” said Federico J. González, CEO of Radisson Hotel Group.
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“Today marks the next chapter in the success of our company with our lifestyle art’otel brand complementing Radisson Hotel Group’s portfolio of brands and joint growth ambitions. We envision growing art’otel in key gateway cities and also growing our hospitality real estate portfolio by leveraging Radisson Hotel Group’s family of brands,” said Boris Ivesha, president & CEO of PPHE Hotel Group.
