Transcorp Hotels

Transcorp Hotels Plc, the hospitality arm of Transnational Corporation Plc has named Awele Vivien Elumelu as the new Chair of the company, with the appointment taking effect on January 1, 2026. Elumelu’s appointment comes after the…

Transcorp Hotels PLC, Nigeria’s leading hospitality brand, has posted a standout performance, reporting a 59 per cent surge in room revenue, which rose to ₦31.33 billion, underscoring increased occupancy and effective pricing in Nigeria’s…

There was a mix trading on the equities market last week, as the the bears prevailed on the benchmark index, reversing previous week’s gains following continuous portfolio rebalancing by investors seeking alpha in the market. As a…

The domestic equities market halted its bearish run on Thursday, as gains in Transcorp Hotels Plc and 15 others lifted the overall capitalization by N27 billion. The Nigerian Exchange Limited All-Share Index added 48.00 basis points or…

As a way of building on the success of its brand and deepening its market share, Transcorp Hotels is planning a large size event centre capable of accommodating between 3,500 and 5,000 people in Abuja, the capital city of Nigeria.…

Transcorp Hotels Plc rode on the back of a 77 per cent jump in revenue to N7 billion in the first quarter to pull back from a loss of N204 million in the same period last year to an after-tax profit of N854 million at the end of March 2022.…

Three hundred and sixty workers of the Transcorp Hotels Plc are to exit the organisation as the increasing weight of debt and the disruptive Covid-19 pandemic have pushed the hotelier into a new business model to survive the present times.…

Transcorp Hotels Plc. midweek announced that its forth coming rights issues to existing shareholders will open and close in August. The hotel in a notification signed by Ag. Group Company Secretary African Prudential Plc., registrars,…

Chief executive officer of Transcorp Hotels Plc, Mr. Valentine Ozigbo has said that the abysmal marketing of the Tourism sector by relevant ministries and agencies shows that it is not of importance to governments at all levels. Speaking…