PPHE Hotel Group Limited announced unaudited interim management statement for the third quarter and nine months ended September 30, 2013. Total revenue for the quarter decreased by 2.1% to €64.7 million from €66.0 million for the three months ended 30 September 2012. On a constant currency basis, total revenue for the quarter increased by 1.1% to €66.8 million. RevPAR decreased by 1.8% to €110.8 from €112.8 for the three months ended 30 September 2012, as a direct result of the weakness of Sterling.

Total revenue decreased by 0.3% to €176.4 million from €177.0 million for the nine months ended September 30, 2012. On a constant currency basis, total revenue for the nine months ended 30 September increased by 3.1% to €182.4 million. RevPAR decreased by 1.1% to €100.2 from €101.4 for the nine months ended September 30, 2012, primarily as a result of soft trading conditions in the Netherlands at the beginning of the year and the weakness of Sterling.

Since 30 September 2013, trading has remained encouraging. The fourth quarter is traditionally the Group's strongest quarter and the Board expects full year results to be in line with expectations.