Jun 20 2008

Park Plaza Hotels Expands

Published by HotelBlogs at 8:47 am under Hotel Websites

Park Plaza Hotels expects to double their number of rooms.

The group recently signed development contracts with Russsia, Croatia, and the UK. 

The deals - all signed within a few weeks of each other - include new hotel developments in Russia’s premier business travel destinations such as Moscow and St. Petersburg, resort and conference hotels on the breathtaking Istrian Coast, and the Company’s first art’otel in the UK in London’s Hoxton area of the City. 

President and CEO Boris Ivesha said:

I am delighted to be able to announce such key developments for Park Plaza Hotels that not only expand our brand network into new markets but that we anticipate will exceed the goals set last July at the time of our AIM listing.  We have a commitment to our stakeholders to grow the business through contracts with reputable strategic partners and these valuable developments in key destinations are testament to that dedication.  

Park Plaza Hotels offers one of the most flexible models in the management, franchise and development market today with two brands - Park Plaza Hotels & Resorts and art’otel - providing affordable luxury to the discerning needs of the modern-day business and leisure traveller.

Read more here.

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