PPHE Hotel Group Limited through its subsidiaries, jointly controlled entities and associates, owns, leases, operates, franchises and develops full service upscale and lifestyle hotels in cities and regional centers in Europe. The majority of the Company�s hotels operate under two brands, Park Plaza Hotels & Resorts and art�otel. The Company has a license from Carlson, which is a global privately owned hospitality and travel company, to develop and operate Park Plaza Hotels & Resorts in Europe, the Middle East and Africa. The art�otel brand is fully owned by the Company. It has a minority ownership interest in the Arenaturist group, which is a hospitality company. Its portfolio of owned, leased, managed and franchised hotels consists of 38 hotels offering a total of 8,376 rooms. In June 2012, the Company�s wholly owned subsidiary completed the purchase of the property at 628 Western Avenue, Park Royal, London W3.