Friday 23 August 2019
 
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Gulf Hotels Group

Gulf Hotels Group posts 9-month net profit of $2.9m

Gulf Hotels Group, a leading hospitality chain in Bahrain, has posted a net profit of BD1.117 million ($2.9 million) for the third quarter of 2018, compared to BD2.809 million ($7.4 million) during the same period last year - a decrease of 60.23

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Gulf Hotels Group unveils first UAE property

Gulf Hotels Group (GHG), Bahrain’s leading home-grown hospitality provider, has announced the soft opening of its first UAE property - The Gulf Court Hotel Business Bay. The opening is the first phase of GHG’s expansio

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Gulf Hotels Group unveils first UAE property

Gulf Hotels Group (GHG), Bahrain’s leading home-grown hospitality provider, has announced the soft opening of its first UAE property - The Gulf Court Hotel Business Bay. The opening is the first phase of GHG’s expansio

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Gulf Hotels Group posts Q2 net profit of $4.5m

Gulf Hotels Group has registered a net profit of BD1.73 million ($4.5 million) during the second quarter of 2018 compared BD2.559 million ($6.7 million) during the same period last year, recording a decrease of 32.35 per cent. The

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Gulf Hotels to spend $132m on expansion

A new expansion strategy will see Bahrain-based Gulf Hotels Group investing $132 million over the next few years to expand the existing hotel portfolio and establish a number of stand-alone restaurants, it has emerged. The group c

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Gulf Hotel board role for Raees

Gulf Hotels Group's chief executive Aqeel Raees has been appointed to the board of the company, it was announced. "This is in recognition of Aqeel's dedication and continued efforts to develop the business since his a

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Gulf Hotels Group plans new spa complex

Gulf Hotels Group (GHG) has signed an agreement with Almoayyed Contracting for the construction of a new BD3 million ($8 million) spa complex which will be located at the hotel. The agreement was signed by GHG chief executive Aqee

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Gulf Hotels Group profit surges 40pc

Gulf Hotels Group (GHG) has reported a net profit of BD7.65 million ($20 million) for the first nine months of the year, up 40.1 per cent compared to BD5.46 million for the same period last year. Commenting on the performance, cha

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Lona inks deal with Gulf Hotels

Lona Real Estate has announced a strategic alliance that will see Gulf Hotels Group operate an apartment hotel complex as part of the Amwaj Waves residential development in Amwaj Islands. The first phase of the Amwaj Waves development is l

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Gulf Hotels Group revenues hit $77m

Gulf Hotels Group managed to achieve good profit levels last year despite the political crisis that triggered in February having a major impact on the hospitality industry and the economy in general. Despite some improvement in the second

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