Park Plaza Hotels Ltd. (PPH.L: News ) Thursday reported a profit before tax of 60.5 million euros, compared to the prior year loss of 7.2 million euros, on the back of gains from applying IFRS accounting and also from achieving full control of previously jointly-owned hotels.
Revenue for the hotel group surged 74.1 percent to 139.8 million euros from last year's 80.3 million euros.
The company is considering moving its shares, currently listed on AIM, to the Official List of the London Stock Exchange.
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by RTT Staff Writer
Revenue for the hotel group surged 74.1 percent to 139.8 million euros from last year's 80.3 million euros.
The company is considering moving its shares, currently listed on AIM, to the Official List of the London Stock Exchange.
Click here to receive FREE breaking news email alerts for Park Plaza Hotels and others in your portfolio
by RTT Staff Writer