Industry Update
Press Release 4 March 2016

Park Plaza Nuremberg to open Spring 2016

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Park Plaza Hotels Europeartotel

Nuremberg, Germany; home to an eclectic blend of Medieval and Renaissance architecture is welcoming the 177-room Park Plaza Nuremberg in spring 2016. The Albrecht Dürer and Martin Behaim-inspired hotel will open in the former home of the Bavarian-American Hotel, opposite Nuremberg Central Railway Station. Guests can take advantage of a short stroll to the famous Old Town to enjoy many cultural delights including one of Germany's oldest Christmas markets.

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For over 50 years the Bavarian-American Hotel was one of Germany's most famous landmarks with Park Plaza Nuremberg becoming the first official hotel to open in the building's history. It was the residence of the prosecutors and judges during the Nuremberg trials and the US Army chose to station its officers there up until 1995. During this time the US Army launched the world renowned Radio AFN from the top floor.

Opening spring 2016, Park Plaza Nuremberg has taken its inspiration from the Renaissance Nuremberg artist and theorist Albrecht Dürer and Martin Behaim, a German mariner and astronomer. Dürer's works, influenced by both the Southern and Northern hemisphere, have provided the creative direction for the 177 bedrooms including suites which are ideal for families as well as a selection of executive and superior rooms. All rooms feature air cooling with bedrooms boasting Park Plaza's bespoke beds complemented by luxurious linens and pillow sets; a modern, contemporary design feel with flat screen TV's, large work desks, in-room entertainment systems, mood lighting and Elemis amenities throughout. The hotel also features a fitness centre and seven meeting rooms, in which a selection benefit from natural daylight, designed to connect up to 80 business minds with a video conferencing facility. Access to complimentary high-speed Wi-Fi can also be found in this landmark building.

Nuremberg Bratwurst, Gingerbread and locally-brewed 'pure' beers have put Nuremberg well and truly on the culinary map. Diners can experience a taste of these local cuisines in the hotel's restaurant along with international dishes throughout the day. The bar will offer international and locally produced wines and beers and contemporary cocktails; many of which feature a Nuremberg-inspired twist.

Visitors continue to flock to Nuremberg from around the globe, with the Bavarian city fast becoming a favourite City break destination to visit amongst other attractions; Nuremberg Zoo, the Tenth Century Nuremberg Castle, Playmobil Fun park, Railway and Toy museums – the latter two pay homage to the City as the destination which was instrumental in launching both the rail and toy industries. The city also plays host to a variety of conferences and fairs, including the world's largest Toy Fair.

Park Plaza Nuremberg will join Park Plaza Wallstreet Berlin Mitte, Park Plaza Prenzlauer Berg Berlin, Park Plaza Berlin Kudamm and Park Plaza Trier in Germany, with the Park Plaza Hotels & Resorts brand recently having added Park Plaza Arena Pula in Croatia to its portfolio and with additional openings planned in 2016 across London.

Visit www.parkplaza.com/nuremberg for further information.

PPHE Hotel Group Limited

PPHE Hotel Group is an international hospitality real estate company, with a £1.6 billion portfolio of primarily prime freehold and long leasehold assets in Europe.

The Group's guiding principle is to generate attractive returns from operations and long-term capital appreciation.

Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises hospitality real estate. Its primary focus is 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 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, the 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. This multi-brand approach enables the Group to develop and operate properties across several segments of the hospitality market.

The Group is one of the largest owner/operators of hotels in central London and its property portfolio comprises of 38 hotels and resorts in operation, offering a total of approximately 8,800 rooms and 8 campsites, offering approximately 6,000 units. The Group's development pipeline includes two new hotels in London which are expected to add an additional 500 rooms by the end of 2022/2023.

PPHE Hotel Group is a Guernsey registered company and its shares are listed on the Premium Listing segment of the Main Market of the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, whose shares are listed on the Zagreb Stock Exchange.

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