Transcorp Hotels Reports 49% Revenue Jump, Posts ₦22.4bn Profit Before Tax in Q3

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), delivered ₦72.31 billion in revenue in the third quarter (Q3) of 2025, a 49% increase from ₦48.49 billion in Q3 2024, while Profit Before Tax (PBT) surged 36% to ₦22.4 billion.

Gross Profit Margin expanded to 76%, up from 71% in Q3 2024 — driven by operational efficiency and superior service delivery.

Chairman, Transcorp Hotels Plc, Emmanuel Nnorom, commented: “This impressive Q3 performance underscores our time-tested strategy focused on cost discipline, operational efficiency, and putting the customer at the heart of everything we do. We remain committed to delivering sustainable profitability and long-term value for our investors.”

This strong performance reflects Transcorp Hotels’ sustained focus on operational excellence, cost efficiency, and customer-centric innovation, reinforcing its leadership in Nigeria’s hospitality sector.

With a future-ready growth strategy anchored on sustainability and innovation, the Company continues to unlock exceptional value for shareholders.

The recently commissioned 5,000-seat Transcorp Centre is fast positioning Nigeria as Africa’s hub for world-class Meetings, Incentives, Conferences, and Exhibitions ((MICE).

Managing Director/CEO, Transcorp Hotels Plc, Uzo Oshogwe, added: “Our Q3 2025 results reflect our unwavering drive for excellence and our commitment to redefining hospitality in Africa. With the success of our newly commissioned 5,000-seat event centre, we are proud to be positioning Nigeria as the preferred destination for global conferences and events, while scaling sustainable value for our shareholders.”

With its iconic hospitality assets and dedicated team, Transcorp Hotels continues to strengthen its leadership in the sector, setting new standards for growth, innovation, and service excellence.

Worthy of mention is the recent triple win at the globally renowned Seven Star Luxury Awards, winning: Best Luxury Business Hotel (Nigeria & Africa), Best Luxury Event and Conference Centre (Nigeria & Africa) and -Best CEO of the Year.

Transcorp Hotels Plc Transcorp Hotels Plc is the hospitality subsidiary of Transnational Corporation Plc, one of Africa’s leading listed companies with strategic investments in the power, hospitality, and energy sectors.

Transcorp Hotels is redefining hospitality standards in Africa through its businesses, including the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality destination, and digital platform, Aura by Transcorp Hotels.

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