Park Plaza® Hotels & Resorts opens for business in Croatia
Three hotels open doors after €25m investment
PPHE Hotel Group Limited, owner and operator of primarily full service upscale and lifestyle hotels including the Park Plaza® Hotels & Resorts in Europe, have announced the official opening of Park Plaza Medulin, Park Plaza Histria Pula and Park Plaza Verudela Pula in conjunction with Croatian hospitality partner, Arenaturist.
Working with Croatian construction workers and developers, Park Plaza Medulin was the first to open its doors having received an extensive renovation and rebranding to the Park Plaza® Hotels & Resorts standard and is located within the historical fishing town of Medulin alongside the Medulin Riviera. Park Plaza Medulin underwent a renovation of 118 rooms and reception area, new fitness centre and refurbished restaurant and pool areas.
Situated on the south coast of the Istrian peninsula, Park Plaza Histria Pula and Park Plaza Verudela Pula both received a combined 25 million euro investment. Park Plaza Histria Pula boasts a new reception, lobby, restaurant and conference centre holding 700 delegates making it ideal for both holiday and business travellers. Featuring a Balinese inspired spa and fitness area, Park Plaza Histria Pula overlooks the Adriatic Sea and offers guests' views of landscaped gardens and beach areas as well as parking and the nearby Yacht Club for dining and diving.
Neighbouring Park Plaza Verudela Pula also underwent a complete re-development of its 385 apartments, restaurant, swimming pool areas and kids play zone. It will also be home to a newly developed shopping zone with brands including illy coffee and Max and Co as well as a supermarket, gallery, pizzeria and shops stocking locally produced foods and wines.
"We are delighted to announce that all three hotels are now open for business. Croatia is a popular European tourist destination and the region of Pula and Medulin especially offer a true blend of local and neighbouring cultures, fine wines and foods, outstanding local restaurants and sandy beach areas. With a number of airlines flying directly into Pula from all over Europe, we see the new hotels as ideally located to support both the business and leisure guest." commented Boris Ivesha, President and CEO of PPHE Hotel Group.
In April 2008, PPHE Hotel Group became a shareholder in the Arenaturist group and won the management agreement for the entire portfolio which includes eight hotels, five apartment complexes (with a total of 2,868 rooms) and eight campsites.
About PPHE Hotel Group
PPHE Hotel Group is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform.
PPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime market of the Zagreb Stock Exchange.
Company websites: www.pphe.com | www.arenahospitalitygroup.com
For reservations: www.parkplaza.com | www.artotel.com | www.radissonhotels.com | www.arenahotels.com | www.arenacampsites.com