Transcorp Hotels Wins Best Hospitality Service Provider in Nigeria

Best Hospitality Service Provider

TRANSCORP HOTELS NAMED BEST HOSPITALITY SERVICE PROVIDER IN NIGERIA, DEMONSTRATING EXCEPTIONAL SERVICE AND STRONG FINANCIAL PERFORMANCE.

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Transcorp Hotels Plc has earned the title of Best Hospitality Service Provider in Nigeria at the 2024 HOTEL/HOSPITALITY AWARDS. The awards are organized by Global Brands Magazine (GBM), a prestigious publication known for recognizing excellence worldwide. This victory reaffirms Transcorp Hotels’ leadership in the Nigerian hospitality industry.

The company owns Transcorp Hilton Abuja, its flagship hotel, and Aura by Transcorp Hotels, an online booking platform. Transcorp Hilton Abuja is highly rated on TripAdvisor, topping the charts in customer satisfaction and value for money. This recent accolade from GBM highlights the company’s consistent performance and dominance in the industry.

Global Brands Magazine has been recognizing industry leaders for over a decade. Its 12th edition of the HOTEL/HOSPITALITY AWARDS focused on top performers in the hospitality sector. The nominees of the Best Hospitality Service Provider in Nigeria were evaluated by an external research team, and Transcorp Hotels emerged as the winner. The company’s commitment to innovation, branding, and outstanding customer service stood out among a highly competitive pool of contenders.

Transcorp Hotels’ Growing Industry Influence

Winning this award solidifies Transcorp Hotels’ position as a trailblazer in Nigerian hospitality. The company has continually set high standards, delivering exceptional experiences and exceeding industry expectations. This dedication to excellence has made Transcorp Hotels a respected name in Nigeria’s HOTEL/HOSPITALITY sector.

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In addition to its accolades, Transcorp Hotels reported remarkable financial growth for the first half of 2024. The company’s revenue surged by 61%, reaching N29.7 billion, compared to N18.4 billion during the same period in 2023. This growth was primarily driven by a 60.6% rise in room revenue, which contributed N19.6 billion, accounting for nearly two-thirds of the total revenue.

Strong Financial Performance and Future Plans

The company’s CEO, Dupe Olusola, expressed pride in the team’s achievements. She noted that their focus on maintaining high standards, enhancing guest experiences, and operational efficiency has been key to their success. Olusola also hinted at future growth, announcing plans to launch a 5,000-capacity event center later this year, which promises to strengthen their market position even further.

Transcorp Hotels’ commitment to continuous improvement and innovation ensures they remain a leading force in Nigerian’s hospitality industry.

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