PPHE Hotel Group Limited announced that Eli Papouchado, chairman of the board of directors, has appointed his son, Yoav Papouchado, as an alternate director who may act in his absence with immediate effect. This appointment has been approved by the board of directors of the company. Yoav Papouchado, Chairman of Red Sea Hotels Limited and President of Gear Construction, the construction arm of Red Sea, has over 30 years of experience of residential developments and data centres worldwide, developed through his long tenure at Red Sea. Yoav is also a member of the Supervisory Board, and Deputy Chairman of the Supervisory Board of Arena Hospitality Group, the Company's subsidiary listed on the Zagreb Stock Exchange.