By Peace Udugba
Capital Hotel Plc has reported strong financial performance for the year ended December 31, 2025, recording a 59 percent increase in revenue and a 32 percent rise in profit after tax.
The growth was largely driven by sustained patronage at the Abuja Continental Hotel, despite macroeconomic pressures such as inflation, exchange rate volatility, and rising energy costs affecting the wider business environment.
At the 45th Annual General Meeting held at the Abuja Continental Hotel, Chairman Ramesh Kansagra said the results reflected the resilience of premium hospitality services in Nigeria’s capital city.
Shareholders at the meeting commended the Board and management for the company’s performance, as well as ongoing refurbishment and modernisation efforts aimed at improving guest experience and aligning with international hospitality standards.
Representing the Chairman, Director of Capital Hotel Plc, Abdulkadir Aminu, expressed appreciation to shareholders for their continued support and confidence in the company’s transformation strategy.
Kansagra noted that despite challenges in the luxury hospitality segment in 2025, demand for accommodation, conferences, and events in Abuja remained strong, supporting the company’s earnings performance.
He added that the improved financial results also reflect progress on the board-approved upgrade programme for the Abuja Continental Hotel, designed to strengthen its competitiveness and service delivery.
“These are strategic long-term investments designed to enhance the enduring value of our flagship property,” he said.
The chairman further explained that disciplined cost management, combined with ongoing capital projects, enabled the company to convert higher activity levels into improved profit margins without compromising service quality.
He expressed optimism about future growth, citing Abuja’s position as Nigeria’s political and diplomatic hub as a key driver of sustained demand.
Capital Hotel Plc, he said, will continue focusing on refurbishment, operational efficiency, and service enhancement to sustain growth and deliver stronger returns to shareholders.
