Park Plaza owner ‘not distracted’ after sale talks fail

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Park Plaza owner ‘not distracted’ after sale talks fail

Hotel owner PPHE Group has said it is “not distracted from our core focus” after its takeover by a rival hotel operator fell apart, despite the company reporting slowing revenue growth in the last quarter. The FTSE 250 firm’s board had backed a sale to Israeli-based Fattal Hotel Group but opposition from a major shareholder [...]