Profile: The Hotel Corporation PLC (HCOP.L)

HCOP.L on London Stock Exchange

1.50GBp
19 Dec 2014
Price Change (% chg)

0.00p (+0.00%)
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Volume
177,697
Avg. Vol
547,842
52-wk High
2.42p
52-wk Low
0.40p

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The Hotel Corporation plc is principally engaged in investing in businesses within the hotels sector in the United Kingdom. The Company’s principal asset consists of its interest in Puma Hotels plc (PHP). The operations of the Company are concentrated within PHP. The Company focuses to add over 700 bedrooms, of which 472 have already received the necessary planning or listed building consent. There are also schemes for over 3,000 square meters (of which over 70% have planning consent) of additional meeting rooms and upgrades for several leisure clubs. PHP’s subsidiaries include Puma Hotels UK Limited, Paramount Hotels Group Limited, Paramount Hotels Holdings Limited, Paramount Hotels Investments Limited and Paramount Hotels Limited. On April 25, 2012, the Company terminated the lease agreement with Barcelo Hotels and Resorts, which managed the hotels owned by PHP.

Company Address

The Hotel Corporation PLC

Burleigh Manor, Peel Road
DOUGLAS     IM1 5EP

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