PPHE Hotel Group Management
Management criteria checks 4/4
PPHE Hotel Group's CEO is Boris Ivesha, appointed in Jan 1991, has a tenure of 35.5 years. total yearly compensation is £755.12K, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 11.08% of the company’s shares, worth £73.82M. The average tenure of the management team and the board of directors is 5.5 years and 6.2 years respectively.
Key information
Boris Ivesha
Chief executive officer
UK£755.1k
Total compensation
| CEO salary percentage | 77.94% |
| CEO tenure | 35.5yrs |
| CEO ownership | 11.1% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
Narrative Update • Jul 06
PPH: Higher Margins And Dividend Support Will Drive Future Upside
Analysts have raised their price target on PPHE Hotel Group from £18.33 to £21.00, citing updated assumptions. These include steadier revenue trends, a higher projected profit margin of 16.75%, and a lower future P/E of 16.17x as key drivers of the change.
Narrative Update • Jun 22
PPH: Freehold Purchase And Higher Margins Will Support Future Upside Potential
Analysts have nudged their price target for PPHE Hotel Group to £20.50 per share, a slight adjustment that reflects updated assumptions for revenue trends, profit margins, a higher future P/E multiple and a modestly lower discount rate. What’s in the News for PPHE Hotel Group Fattal Hotels cancelled its proposed acquisition of the remaining 96.03% stake in PPHE Hotel Group on June 19, 2026, ending an offer that had been valued at £880 million, or £22 per share, subject to conditions.
Narrative Update • Jun 06
PPH: Proposed Takeover And Fair Value Outlook Will Shape Repricing
Analysts have reduced their price target for PPHE Hotel Group to £20.83 from £23.43. This reflects updated assumptions that combine lower revenue growth expectations with higher projected profit margins and a lower future P/E multiple.Narrative Update • May 21
PPH: Freehold Repurchase And Rising Dividends Will Support Future Upside Potential
Analysts have modestly revised their price target on PPHE Hotel Group to £18.33, reflecting slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the fair value broadly unchanged. What's in the News Shareholders approved a final dividend of 22 pence per ordinary share for the year ended 31 December 2025 at the Annual General Meeting held on 19 May 2026, confirming the Board's earlier proposal (company announcement).Narrative Update • May 02
PPH: Freehold Repurchase And Dividend Progress Will Shape Future Returns
Analysts have nudged their price target on PPHE Hotel Group slightly lower to £18.33, reflecting small revisions to revenue growth assumptions, profit margin expectations, and the forward P/E multiple. What's in the News PPHE Hotel Group agreed to repurchase the freehold interest in Park Plaza London Waterloo, reversing an earlier sale and leaseback arrangement on the 494 room hotel that was originally sold for £161.5m with a 199 year lease and inflation linked rent obligations (Key Developments).Narrative Update • Apr 17
PPH: Freehold Buyback And Softer Margins Will Shape Future Returns
Analysts have reduced their price target for PPHE Hotel Group to £18.33 from £25.17. This reflects updated assumptions for softer revenue growth, lower profit margins and a higher future P/E of about 23x.Narrative Update • Apr 01
PPH: Freehold Repurchase And Higher Margins Will Support Future Upside Potential
Analysts have nudged their price target for PPHE Hotel Group slightly higher to about £20.48 from around £20.41, citing updated assumptions that include a different revenue growth outlook, a higher profit margin and a revised future P/E multiple. What's in the News PPHE Hotel Group agreed to repurchase the freehold interest in Park Plaza London Waterloo for £147.9 million, reversing a 2017 sale and leaseback arrangement on the 494 room hotel (Key Developments).Narrative Update • Mar 18
PPH: Freehold Repurchase And Rising Margins Will Support Future Upside
Analysts have kept their price target for PPHE Hotel Group broadly steady around £25.17. This reflects slightly updated assumptions on revenue growth, profit margins and future P/E multiples, which leave their overall view largely unchanged.Narrative Update • Mar 04
PPH: Freehold Buyback And Rising Margins Will Unlock Future Value
Analysts have nudged their price target on PPHE Hotel Group to about £25.17 from £24.91, reflecting updated assumptions for slightly lower revenue growth, a higher discount rate, stronger profit margins and a lower future P/E multiple. What's in the News PPHE agreed to repurchase the freehold interest in Park Plaza London Waterloo for £147.9 million, with £136.5 million expected to be funded by a new debt facility secured on the property and the balance from existing cash, with completion targeted in the coming months (company announcement).Narrative Update • Feb 18
PPH: Formal Sale Process Will Unlock Value As Profitability Expectations Improve
Analysts have trimmed their price target for PPHE Hotel Group from £25.39 to £24.91, citing updated assumptions that combine slightly lower projected revenue growth with a reduced discount rate, higher expected profit margins, and a lower future P/E multiple. What's in the News The Board launches a review to consider multiple options to maximise shareholder value, including potential actions affecting the Group, introducing growth capital at Group or portfolio level, or a possible sale of all or part of the issued share capital under a Formal Sale Process, with Rothschild & Co appointed as financial adviser (Key Developments).Narrative Update • Feb 03
PPH: Formal Sale Process And Options Review Will Frame Balanced Future Upside
Analysts have reduced their fair value estimate for PPHE Hotel Group from £21.01 to £20.41. This change reflects updated assumptions for the discount rate, revenue growth, profit margins and future P/E levels.Narrative Update • Jan 20
PPH: Formal Sale Process Will Unlock Value In Undervalued Hospitality Group
Analysts now place PPHE Hotel Group's fair value at approximately £21.01 per share, up from about £15.03, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News PPHE Hotel Group has launched a formal strategic review to consider a range of options to maximise shareholder value, including actions to improve shareholder returns, introducing growth capital, or a potential sale of all or part of the company under a Formal Sale Process (company announcement).Narrative Update • Jan 06
PPH: Formal Sale Review Will Drive Shareholder Value Repricing
Analysts have kept their price target for PPHE Hotel Group broadly unchanged at about £23.43. They cite relatively steady assumptions around revenue growth near 6.20%, profit margins around 7.14%, and a future P/E close to 34.40, despite a slightly higher discount rate.Narrative Update • Dec 14
PPH: Formal Sale Process Will Unlock Hidden Value In Shares
Analysts have nudged their price target on PPHE Hotel Group higher by approximately £0.52 per share, citing expectations of faster top line growth that more than offset concerns about margin compression and a richer future earnings multiple. What's in the News The board launches a wide ranging strategic review and Formal Sale Process to explore options including value enhancement actions, new growth capital or a potential sale of all or part of the Group, with major shareholders holding around 44 percent of voting rights backing the process (company announcement).Narrative Update • Nov 29
PPH: New London Site Acquisition Will Drive Shareholder Value Expansion
Analysts have raised their price target for PPHE Hotel Group from £22.03 to £23.43, highlighting improved revenue growth prospects, even as there is some moderation in profit margins and profitability metrics. What's in the News The Board of PPHE Hotel Group has launched a strategic review evaluating a range of potential actions to maximize shareholder value, including the introduction of growth capital or a possible sale of all or part of the business.Narrative Update • Nov 15
PPH: City Of London Acquisition Will Drive Market Significance And Margin Upside
Analysts have raised their price target for PPHE Hotel Group from £19.55 to £22.03, citing improved expectations for revenue growth and profit margins. What's in the News PPHE Hotel Group has been added to the S&P Global BMI Index, reflecting its increased market significance.Analysis Article • Nov 15
Earnings Tell The Story For PPHE Hotel Group Limited (LON:PPH) As Its Stock Soars 32%
PPHE Hotel Group Limited ( LON:PPH ) shareholders would be excited to see that the share price has had a great month...Narrative Update • Sep 02
Opening Four New Hotels Across Europe Will Strengthen Future Prospects
The downward revision in PPHE Hotel Group's price target reflects notably weaker profit margins and softer revenue growth expectations, resulting in a new consensus fair value of £19.55. Valuation Changes Summary of Valuation Changes for PPHE Hotel Group The Consensus Analyst Price Target has significantly fallen from £21.79 to £19.55.Analysis Article • Aug 31
PPHE Hotel Group (LON:PPH) Will Pay A Dividend Of £0.17
The board of PPHE Hotel Group Limited ( LON:PPH ) has announced that it will pay a dividend of £0.17 per share on the...Analysis Article • Aug 29
Is PPHE Hotel Group (LON:PPH) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 01
Here's Why PPHE Hotel Group (LON:PPH) Is Weighed Down By Its Debt Load
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Mar 28
PPHE Hotel Group (LON:PPH) Is Increasing Its Dividend To £0.21
PPHE Hotel Group Limited ( LON:PPH ) will increase its dividend from last year's comparable payment on the 30th of May...
New Narrative • Feb 09
Future Prospects Strengthen With New European Hotels And Radisson Partnership
Completion of a growth pipeline and diversified business mix enhances revenue, EBITDA growth, and net margins through new openings and increased market demand.Analysis Article • Jul 19
Does PPHE Hotel Group (LON:PPH) Deserve A Spot On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • May 30
Shareholders Should Be Pleased With PPHE Hotel Group Limited's (LON:PPH) Price
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 17x, you may...Analysis Article • Apr 25
PPHE Hotel Group (LON:PPH) Will Pay A Larger Dividend Than Last Year At £0.20
PPHE Hotel Group Limited's ( LON:PPH ) dividend will be increasing from last year's payment of the same period to £0.20...Analysis Article • Apr 13
Is There Now An Opportunity In PPHE Hotel Group Limited (LON:PPH)?
While PPHE Hotel Group Limited ( LON:PPH ) might not have the largest market cap around , it led the LSE gainers with a...Analysis Article • Dec 19
Why Investors Shouldn't Be Surprised By PPHE Hotel Group Limited's (LON:PPH) P/S
There wouldn't be many who think PPHE Hotel Group Limited's ( LON:PPH ) price-to-sales (or "P/S") ratio of 1.2x is...Analysis Article • Mar 10
We Think PPHE Hotel Group's (LON:PPH) Profit Is Only A Baseline For What They Can Achieve
PPHE Hotel Group Limited's ( LON:PPH ) strong earnings report was rewarded with a positive stock price move. Our...Analysis Article • Oct 15
Does PPHE Hotel Group (LON:PPH) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Oct 08
Is PPHE Hotel Group (LON:PPH) Weighed On By Its Debt Load?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 20
Is There Now An Opportunity In PPHE Hotel Group Limited (LON:PPH)?
PPHE Hotel Group Limited ( LON:PPH ), might not be a large cap stock, but it received a lot of attention from a...Analysis Article • May 13
Most Shareholders Will Probably Find That The CEO Compensation For PPHE Hotel Group Limited (LON:PPH) Is Reasonable
The share price of PPHE Hotel Group Limited ( LON:PPH ) has increased significantly over the past few years. However...Analysis Article • May 06
Are PPHE Hotel Group Limited (LON:PPH) Investors Paying Above The Intrinsic Value?
Today we will run through one way of estimating the intrinsic value of PPHE Hotel Group Limited ( LON:PPH ) by taking...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | UK£13m |
| Sep 30 2025 | n/a | n/a | UK£18m |
| Jun 30 2025 | n/a | n/a | UK£22m |
| Mar 31 2025 | UK£755k | UK£589k | UK£25m |
| Dec 31 2024 | UK£779k | UK£573k | UK£28m |
| Sep 30 2024 | n/a | n/a | UK£25m |
| Jun 30 2024 | n/a | n/a | UK£22m |
| Mar 31 2024 | n/a | n/a | UK£22m |
| Dec 31 2023 | UK£750k | UK£550k | UK£22m |
| Sep 30 2023 | n/a | n/a | UK£29m |
| Jun 30 2023 | n/a | n/a | UK£36m |
| Mar 31 2023 | n/a | n/a | UK£23m |
| Dec 31 2022 | UK£563k | UK£500k | UK£10m |
| Sep 30 2022 | n/a | n/a | -UK£10m |
| Jun 30 2022 | n/a | n/a | -UK£30m |
| Mar 31 2022 | n/a | n/a | -UK£41m |
| Dec 31 2021 | UK£554k | UK£438k | -UK£52m |
| Sep 30 2021 | n/a | n/a | -UK£74m |
| Jun 30 2021 | n/a | n/a | -UK£96m |
| Mar 31 2021 | n/a | n/a | -UK£89m |
| Dec 31 2020 | UK£428k | UK£313k | -UK£82m |
| Sep 30 2020 | n/a | n/a | -UK£43m |
| Jun 30 2020 | n/a | n/a | -UK£3m |
| Mar 31 2020 | n/a | n/a | UK£15m |
| Dec 31 2019 | UK£532k | UK£427k | UK£34m |
Compensation vs Market: Boris's total compensation ($USD1.02M) is below average for companies of similar size in the UK market ($USD1.60M).
Compensation vs Earnings: Boris's compensation has been consistent with company performance over the past year.
CEO
Boris Ivesha (81 yo)
35.5yrs
Tenure
UK£755,119
Compensation
Mr. Boris Ernest Ivesha serves as Chief Executive Officer of PPHE Hotel Group Limited (a/k/a, Park Plaza Hotels Ltd) since February 08, 2024 and served as its Chief Executive Officer since June 14, 2007 un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 35.5yrs | UK£755.12k | 11.08% £ 73.8m | |
| Co-CEO & Executive Director | 2.4yrs | UK£890.01k | no data | |
| CFO & Executive Director | 8.5yrs | UK£871.59k | 0.11% £ 751.0k | |
| Executive Vice President of Commercial Affairs | 8.7yrs | no data | no data | |
| Executive Vice President of Operations of The United Kingdom | 2.5yrs | no data | no data | |
| Executive Vice President of Operations of The Netherlands & Italy | 2.5yrs | no data | no data |
5.5yrs
Average Tenure
49yo
Average Age
Experienced Management: PPH's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 19.1yrs | UK£755.12k | 11.08% £ 73.8m | |
| Co-CEO & Executive Director | 3.2yrs | UK£890.01k | no data | |
| CFO & Executive Director | 8.4yrs | UK£871.59k | 0.11% £ 751.0k | |
| Senior Independent Non-Executive Director | 6.4yrs | UK£64.06k | no data | |
| Non-Executive Director | 1.5yrs | UK£50.25k | 0.77% £ 5.1m | |
| Independent Non-Executive Chairman | 6.8yrs | UK£77.61k | no data | |
| Independent Non-Executive Director | 5.9yrs | UK£57.96k | no data | |
| Independent Non-Executive Director | 3.6yrs | UK£57.96k | 0.0048% £ 31.9k |
6.2yrs
Average Tenure
60yo
Average Age
Experienced Board: PPH's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/15 05:51 |
| End of Day Share Price | 2026/07/15 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PPHE Hotel Group Limited is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ned Hammond | Berenberg |
| Owen Shirley | Berenberg |
| Joseph Barron | Berenberg |