PPHE Hotel Group to Invite Bids as It Launches Strategic Review

PPHE Hotel Group Ltd., the real estate company behind Park Plaza Hotels in Europe, said it plans to invite bids as it launches a strategic review.

London-listed PPHE has hired Rothschild & Co. to advise the board on ways to improve shareholder value, it said in a London regulatory filing Friday. It plans to study a range of options, including the possibility of introducing “growth capital” into the business or its portfolio, or a sale of part or all of the company.

As part of the review, the company plans to run a formal sale process where it will ...