Transcorp Hotels Plc recorded a robust financial performance in 2025, posting N97 billion in revenue, marking a 38% increase over the previous year.
At its 12th annual general meeting in Abuja, Chairman Awele Elumelu highlighted that strong management, corporate governance, and shareholder support drove the remarkable growth.
“We’ve ended the year with N97bn in revenue, reflecting a successful 2025. Our shareholders will also benefit from an improved final dividend of N1.30 per share,” Elumelu stated.
The company’s growth was fueled by brand strength, operational efficiency, and strategic diversification, including the launch of the Transcorp Event Center, which can host up to 5,000 guests and has hosted major events like the Afrexim gathering.
Managing Director Uzoamaka Oshogwe revealed that the total dividend payout for 2025 reached about N13 billion, up from the previous year.
She added that occupancy rates rebounded strongly after a slow January, maintaining near full capacity since mid-month.
Oshogwe also emphasized the company’s commitment to sustainability and cost efficiency.
Collaborations with Transcorp Power have led to initiatives like dual gas burners for boilers, reducing energy costs while being environmentally friendly.
Plans are underway to explore renewable energy solutions in alignment with ESG principles.
Looking ahead, Transcorp Hotels aims to expand its footprint, including the potential opening of a new branch in Lagos.
The company will continue focusing on operational excellence, technology investment, and brand relevance to sustain and multiply revenue growth.
Despite rising operational costs, particularly energy, Transcorp Hotels maintained solid profit margins, with room sales achieving 84.5% profitability.
Total assets rose by 11.58% to N140.696 billion, while total borrowings fell by 22.12%, strengthening the company’s financial position.
Shareholders’ funds grew by 20.54%, reflecting retained earnings and strong performance.
Transcorp Hotels’ 2025 results demonstrate resilience, strategic growth, and shareholder value, positioning the hospitality company for continued success in 2026.
