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By Elliot Gulliver-Needham PPHE Hotel Group, the owners of Park Plaza Hotel and Holmes Hotel, has refinanced more than £150m in debt. The debt, which covers all six of its Dutch hotels, as well as debt from Holmes Hotel in London, comes from an existing loan with Aareal Bank. The original loan with Aareal was established in 2016, with a maturity date of June 2026, but this has now been pushed back to June 2031. The new debt will be made up of two parts, a 160m euro (£134.8m) tranche and a £16m tranche. The euro tranche will have a fixed interest rate of 2.765 per cent until June 2026, followed…

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