For those who wondered what an Israeli company could contribute to the sophisticated, cosmopolitan European scene, we soon proved that our strength made the transition very successful.
Many of our hotels are managed under the illustrious Park Plaza brand name. Today our holdings include part or whole ownership, management, franchises, and operating leaseholds. You’ll find us across Western Europe and testing the waters in Central Europe’s favorite tourist capitals.
In July 2007, Park Plaza Hotels Ltd., representing a significant number of Red Sea Group’s hotel businesses in Europe and Israel, made a successful public offering on the AIM in London. Morgan Stanely Securities Ltd. served as the lead manager, sole bookrunner, underwriter and broker, as of 2011 the company is registred for trading on the main list of the London Stock Exchange.
(Link: WWW.PARKPLAZAHOTELS.NET)