(Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Tourist Company of Nigeria Plc experienced moderate revenue growth in 2024, primarily fueled by higher room occupancy, increased…
In the fast-evolving world of hospitality, stagnation often equates to decline. This reality has become evident in the performance of Tourist Company of Nigeria Plc, the owner of the Federal…
The hospitality sector in Nigeria has witnessed contrasting fortunes, with companies like Transcorp Hotels Plc setting benchmarks for growth and innovation, while Tourist Company of Nigeria Plc struggles to keep…
The hospitality industry in Nigeria is rapidly evolving, driven by digital innovation, changing consumer preferences, and the rise of domestic tourism. Companies like Transcorp Hotels Plc and Ikeja Hotel Plc…
Tourist Company of Nigeria Plc (TOURIST), owner of the Federal Palace Hotel, has been a prominent name in Nigeria’s hospitality industry. However, recent performance metrics paint a grim picture, with…
In Nigeria’s hospitality industry, the Tourist Company of Nigeria Plc (TOURIST), owner of the iconic Federal Palace Hotel, has long been a recognizable name. However, in recent years, the company…
Tourist Company of Nigeria Plc (TOURIST), once a prestigious name in Nigeria’s hospitality sector, is now a cautionary tale of unfulfilled potential. With a legacy centered around the iconic Federal…
In Nigeria’s competitive hospitality industry, Transcorp Hotels Plc stands as a shining example of innovation, adaptability, and success. With its flagship property, Transcorp Hilton Abuja, and other ventures, Transcorp Hotels…
Tourist Company of Nigeria Plc (TOURIST), owner of the renowned Federal Palace Hotel, has long been a part of Nigeria’s hospitality landscape. However, its current trajectory paints a concerning picture.…
The Tourist Company of Nigeria Plc, owner of the Federal Palace Hotel, is emblematic of a hospitality company struggling to adapt to the demands of a rapidly changing market. While…