Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc ended quarter one (Q1) with an impressive result, reporting a 77.4 per cent growth in revenue, from N3.97 billion posted in the same period in 2021 to N7.04 billion.
Despite harsh operational environment that limited movements worldwide, Transcorp hotel recorded N22 billion gross revenue last year.
Transcorp Hotels Plc has announced its audited financial statements for the full year ended December 31, 2021, showing 114 per cent growth in revenue to N21.74bn from N10.16bn as of December 2020..
29 Dec 2021
The Board of Transcorp Hotels Plc. has announced the appointment of Ms. Bolanle Onagoruwa to its Board of Directors as an Independent Non-Executive Director, effective Monday, December 20, 2021.
9 Mar 2021
Transcorp Hotels Plc has announced the launch of Aura, a new digital platform through which people can book accommodation, restaurants and experiences.
22 Sep 2020
Notwithstanding a bleak outlook, the hospitality business holds for Nigeria following the Coronavirus (COVID-19) pandemic, one of the country’s five-star hotels, Transcorp...
19 Sep 2020
The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue. Amidst this development, Transcorp Hotels Plc has suffered unprecedented...
31 Jul 2018
Transcorp Hotels Plc has posted a turnover of N8.01 billion for the first half of 2018 ended June 30. The company’s report also showed significant growth in the period, recording a profit before tax of N2.02billion and earning per share of 17.84 Kobo . Transcorp Hotels delivered a 29 per cent year-on-year growth in revenue…
19 Mar 2018
The Shareholders of Transcorp Hotels Plc have commended the management and staff of the company for achieving an impressive financial performance for the year ended 31st December 2017.