Gulf Hotels Group posts US$17.2M net profit in first nine months of 2025, up 10%

BAHRAIN – Gulf Hotels Group (GHG) has reported a net profit of BD6.5 million (US$17.2 million) for the first nine months of 2025, marking a 10% increase compared to BD5.9 million (US$15.7 million) in the same period last year.

The group’s Q3 net profit rose by 15% to BD1.23 million (US$3.26 million) from BD1.08 million, while earnings per share remained steady at 5 fils (0.013 US cents) for Q3 and increased to 29 fils (around 7.7 US cents) year-to-date.

Total comprehensive income for the nine months surged 30% to BD6.04 million (US$16 million), supported by revenue growth of 1% to BD26.4 million (US$69.9 million).

Total equity increased marginally to BD105.8 million (US$280 million), while total assets slightly declined to BD112 million (US$296.7 million).

Chairman Fawzi Kanoo emphasized the resilience of GHG’s diversified portfolio and operational excellence as crucial growth drivers.

CEO Ahmed Janahi highlighted disciplined financial management and shared updates on strategic initiatives.

GHG formed a partnership with Abu Dhabi National Hotels and Metro Global to establish MFive Services, Bahrain’s first tech-enabled housekeeping solutions provider.

Expected tourism demand from events such as the Asian Games, FIA World Endurance Championship, and GCC Summit will further support GHG’s growth trajectory as it approaches year-end.

Gulf Hotels Group’s recent strategic investments have strongly supported its financial performance.

The group teamed up with Abu Dhabi National Hotels and Metro Global to create MFive Services, a Bahrain-based provider of technology-enhanced housekeeping and cleaning solutions tailored for hotels and serviced residences.

This innovative partnership is the first of its kind in Bahrain, showcasing GHG’s commitment to operational excellence and cost-efficiency.

Parallelly, GHG is launching “Gulf Catering,” its specialized arm focused on large-scale food services for schools, hospitals, corporate clients, and major events.

These ventures extend the group’s hospitality expertise beyond traditional hotel services and diversify revenue streams.

Additionally, the group is expanding its homegrown Takht Jamsheed restaurant brand with two new branches in Bahrain and Saudi Arabia, key components of its regional growth strategy.

GHG’s digital transformation efforts include rolling out the AI-powered Prestige Club loyalty app, which enhances personalized guest engagement.

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