Capital Hotel Plc grows revenue by 59%, strengthens Abuja Continental Hotel expansion
…. Shareholders applaud Boad & Management for the growth trajectory
Capital Hotel Plc has posted an impressive 59 percent increase in revenue for the financial year ended December 31, 2025, reaffirming the strength and resilience of Nigeria’s premium hospitality sector despite prevailing economic challenges.
The company also recorded a 32 percent rise in profit after tax, driven by sustained demand for quality accommodation, conferencing, and event services at its flagship property, Abuja Continental Hotel.
Speaking at the company’s 45th Annual General Meeting (AGM) held at Abuja Continental Hotel, Chairman of the Board, Mr. Ramesh Kansagra, described the performance as a reflection of the company’s resilience, strategic investments, and operational discipline amid inflationary pressures, foreign exchange volatility, and rising energy and operating costs.
Shareholders at the AGM commended the Board and management for delivering strong financial results while pushing ahead with the ongoing refurbishment and modernization of major hotel facilities aimed at enhancing guest experience and maintaining international hospitality standards.
Representing the Chairman at the meeting, Director of Capital Hotel Plc, Alhaji Abdulkadir Aminu, appreciated shareholders for their continued support and confidence in the rebuilding and transformation process designed to reposition Abuja Continental Hotel as a leading hospitality destination.
According to Kansagra, although evolving travel patterns and increased competition in the premium hospitality segment created pressure in 2025, Abuja’s status as Nigeria’s administrative and diplomatic capital continued to provide strong demand for high-quality hospitality and events services.
He disclosed that the company’s strong earnings performance coincided with the implementation of a board-approved capital investment programme focused on upgrading infrastructure and modernizing Abuja Continental Hotel.
“These investments are not short-term fixes but part of a broader strategy to preserve and enhance the long-term value of our flagship asset,” Kansagra stated.
He explained that disciplined cost management and strategic capital deployment enabled the company to improve profitability without compromising service quality.
Expressing optimism about the company’s future, Kansagra said Capital Hotel Plc would continue to focus on completing critical phases of its refurbishment programme, improving operational efficiency, and strengthening service delivery across all business lines.
He added that sustained investment, sound corporate governance, and the commitment of staff would continue to position the company for long-term growth and sustainable value creation for shareholders.
Kansagra maintained that Abuja Continental Hotel remains firmly on course to reinforce its reputation as one of Nigeria’s premier hospitality destinations and a preferred venue for high-level local and international engagements.
