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TransCorp Hotels

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

Transcorp Hotels, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has reported a robust financial performance for the first half (H1) of 2025, with revenue rising by 60% year-on-year (YoY) to ₦47.57 billion, up from ₦29.72 billion recorded during the same

July 25, 2025

Business·Top Stories

Nigerians Spent Over N18.91bn On Hotel Rooms Within Three Months

Nigerians spent over N18.91 billion on hotel rooms between April and June 2025, according to the second quarter (Q2) financial statements of Transcorp Hotels and Ikeja Hotel. Prime Business Africa gathered that the amount increased by 50.13 percent compared to the N12.59

July 16, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime Business Africa’s analysis, stock market investors were bullish on Ikeja

July 8, 2025

Business·Top Stories

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels outperformed Ikeja Hotel in the Nigerian stock market in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. It was gathered that Transcorp Hotels’ shareholders saw their investments in the company appreciate by 16.68 per cent,

April 24, 2025

News

Transcorp Hotels CEO, Olusola, To Receive Hospitality Leadership Award At AHIF

Transcorp Hotels Plc, Dupe Olusola, will together with Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), receive awards, recognising their professional accomplishments at the Africa Hospitality Investment Forum (AHIF), taking place in Namibia in June.

June 7, 2024

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Transcorp Hotels, Ikeja Hotel, Others Record Gains, Stock Market Cap Up By N421bn

The Nigerian Exchange Limited (NGX) disclosed that the stock exchange appreciated by 1.30 per cent or N421.19 billion in value on Tuesday. According to the data obtained from NGX, this increased the stock market valuation or capitalisation to N32.72 trillion, from Monday’s N32.30 trillion.

June 27, 2023

Business·Markets

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

With over N421.07 billion lost on Monday, 17 April 2023, the Nigerian stock market capitalisation dwindled from N28.26 trillion reported on Friday, 14 April, to N27.84 trillion. The All-Share Index shrank by 773 basis points, dropping from 51,893.94 ASI to 51,120.94 ASI. At

April 17, 2023

Transcorp To Sell Transcorp Hotels Calabar Amid N269.26 million Loss

Business·News·Top Stories

TransCorp Hotels Disburses N717 Million Dividend To Shareholders

Transcorp Hotels Plc paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja on Monday. The Chairman of the Board of Directors, Mr. Emmanuel Nnorom stated that the Company closed the 2021 financial year strongly,

April 4, 2022

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TransCorp Hotels

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

Nigerians Spent Over N18.91bn On Hotel Rooms Within Three Months

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Transcorp Hotels shareholders Gain N198bn As Ikeja Hotel Investors Lose N4.43bn

Transcorp Hotels CEO, Olusola, To Receive Hospitality Leadership Award At AHIF

Transcorp Hotels, Ikeja Hotel, Others Record Gains, Stock Market Cap Up By N421bn

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

TransCorp Hotels Disburses N717 Million Dividend To Shareholders

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