PPHE Hotel Group (LSE:PPH) Construction In Progress : £232.9 Mil (As of Dec. 2023)

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What is PPHE Hotel Group Construction In Progress?

PPHE Hotel Group's quarterly construction in progress declined from Dec. 2022 (£154.0 Mil) to Jun. 2023 (£0.0 Mil) but then increased from Jun. 2023 (£0.0 Mil) to Dec. 2023 (£232.9 Mil).

PPHE Hotel Group's annual construction in progress increased from Dec. 2021 (£45.7 Mil) to Dec. 2022 (£154.0 Mil) and increased from Dec. 2022 (£154.0 Mil) to Dec. 2023 (£232.9 Mil).

PPHE Hotel Group Construction In Progress Historical Data

The historical data trend for PPHE Hotel Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PPHE Hotel Group Construction In Progress Chart

PPHE Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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14.41

24.10

45.73

154.03

232.89

PPHE Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															45.73	-	154.03	-	232.89

PPHE Hotel Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

PPHE Hotel Group (LSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PPHE Hotel Group Ltd (LSE:PPH) » Definitions » Construction In Progress

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Traded in Other Exchanges

PPHl:UK 32P:Germany

Address

Radarweg 60, Motion Building, 9th Floor, Amsterdam, NH, NLD, 1043 NT

Website

http://www.pphe.com

PPHE Hotel Group Ltd engages in providing hospitality services. The company owns, manages and franchises hotels and resort properties in the United Kingdom, the Netherlands, Croatia, Germany, and Hungary. These properties are operated under the brands, Park Plaza Hotels & Resorts and art'otel in the form of hotels, restaurants, bars and spas and Holmes Hotel London. The group's activities are divided into two segments Owned Hotel Operations segment and the Management Activities segment. PPHE generates most of its revenues across the United Kingdom through hotel operations, management fees derived from hotels managed by the group, and marketing fees.