Capital Hotel Plc Reports 59% Revenue Growth for 2025

Capital Hotel Plc announced a 59% increase in revenue for the 2025 financial year, with a 32% rise in profit before tax, as disclosed by the acting chairman, Alhaji Abdulkadir Aminu, during the company's 45th annual general meeting. The performance reflects strong demand for its flagship property, Abuja Continent Hotel, despite prevailing economic headwinds and challenges such as inflation, currency volatility, rising energy costs, and increased competition in the high-end segment.
Aminu acknowledged shareholder support for the ongoing refurbishment and modernization efforts aimed at improving guest experience and aligning with international hospitality standards. The company is focused on maintaining its position in the premium market while implementing strict cost management strategies.
The ongoing investment program is designed to modernize the Abuja Continent Hotel's infrastructure, ensuring long-term value enhancement rather than short-term fixes. Aminu expressed confidence in the company's outlook, emphasizing Abuja's role as Nigeria's administrative and diplomatic hub.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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