Transcorp Hotels Records 38% Revenue Growth to N97bn in 2025

Transcorp Hotels Plc, the hospitality subsidiary of the Transcorp Group, has recorded N97.04 billion revenue in its full-year 2025 financial results, compared with the N70.13 billion posted in 2024.

The company, with a market capitalisation of N1.75 trillion, grew its revenue by 38 percent compared to the same period in 2024, according to a statement yesterday.

The performance was driven by robust demand in room bookings, conferencing, food and beverage services, and other ancillary

Also, its gross profit margin expanded to 77 percent, from 71 percent in 2024, driven by increased volumes, effective cost management, and operational efficiencies.

Furthermore, Transcorp Hotel achieved a 35 percent rise in its operating profit to N35.24 billion, up from N26.03 billion in 2024, just as its profit before tax rose by 45 percent to N32.82 billion, from N22.61 billion in 2024, and profit after tax also rose by 47 percent to N21.85 billion in the period under review, up from N14.90 billion in 2024.

The result showed that total assets in the period under review rose to N159.91 billion, representing a 14 percent increase from N140.70 billion in 2024.

Commenting on the results, the Board Chairman, Transcorp Hotels Plc, Dr Awele Elumelu, said: “I am delighted with the FY 2025 performance of Transcorp Hotels Plc, led by Mrs. Uzoamaka Oshogwe. We have continued to strengthen the foundation of our company, with our growing asset base and equity–increasing by14 percent and 18 percent respectively–positioning us for the future. We will continue to be focused on driving operational excellence and business growth, whilst exploring new avenues for sustainable long-term value creation for all.”

Also, Managing Director/CEO, Transcorp Hotels Plc, Uzoamaka Oshogwe said: “Our full-year 2025 performance represents a major milestone, with record revenue of N97.04 billion and retained earnings rising sharply from N63.23 billion in FY 2024 to N77.53 billion, further enhancing our financial resilience and long-term growth capacity.

“Our success results from disciplined operational efficiency, strong cost management, and most importantly, our exceptional team’s commitment to service excellence. Guided by a bold, future-focused vision, we continue to invest in transformative infrastructure, notably the 5,000-seat world-class Transcorp Centre, positioning Nigeria as a premier global convening destination for high-profile events, including the Afreximbank Annual Meetings, ECOWAS Summits and many more. Looking ahead, we will continue to innovate and leverage cutting-edge technology to strengthen our brand and redefine hospitality standards across Africa.”