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Tuesday, November 11, 2025

What Are Transcorp Hotels Main Sources of Revenue?

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), revenue is primarily driven by four key segments.

  • Rooms: This is the largest revenue generator, accounting for N48.05 billion in the third quarter of 2025, a 50.7% increase from the previous year.
  • Food and Beverage (F/B): This segment contributed N21 billion to the company’s revenue in Q3 2025, representing a 41% year-on-year growth.
  • Shop Rental: Transcorp Hotels earned N1.36 billion from shop rentals in Q3 2025, a 20.3% increase from the previous year.
  • Event Center and Hall Rental: This segment generated N1.15 billion in Q3 2025, although it’s still in its first full year of operations.

These revenue streams demonstrate the company’s diversified income base and its position as a leader in Nigeria’s hospitality sector.



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