Category: Uncategorized

Company has achieved the following, during the third Quarter of 2021: Net profit of BD 833,821 compared to a loss of BD 1,682,744 million in the third quarter of the previous year, with an increase in the quarter turnover of BD 2.517 million. The profit per share is 4 fils compared to loss of 8 […]

Company has achieved the following, during the second Quarter of 2021: Net Loss of BD 424,515 compared to a loss of BD 4.071 million in the second quarter of the previous year, with a decrease in loss of BD 3.647 million or 89.57%. The loss per share is 2 fils compared to loss of 18 […]

Company has achieved the following, during the first Quarter of 2021: Net Loss of BD 207,119 compared to a profit of BD 1.072 million in the first quarter of the previous year, with a decrease of 1.280 million. The loss per share is 1 fils compared to earnings of 5 fils in the first quarter […]

Gulf Hotels Group’s 51st Annual General Meeting was held on Sunday 28th March 2021 at 12:00PM via zoom online video conferencing platform, organized by Bahrain Clear. The meeting was presided over by the Chairman, Mr. Farouk Yousuf Almoayyed, and attended by the Board Members and representatives from the Ministry of Commerce, Central Bank of Bahrain, […]

Gulf Hotels Group B.S.C. (GHG) announces its Twelve-months financial results for the period ended 31st Dec 2020 Company has achieved the following, during the Fourth Quarter of 2020:Net Loss of BD 3.446 compared to a profit of BD 1.733 million in the fourth quarter of the previous year, with a decrease of 5.180 million. Loss […]

Gulf Hotels Group B.S.C. (GHG) announces its nine-months financial results for the period ended 30th Sept 2020. Company has achieved the following during 3rd Quarter of 2020: Net (Loss) of BD (1.683) million compared to a profit of BD 1.428 million in the third quarter of previous year, with a decrease of (3.110) million. (Loss) […]

Gulf Hotels Group B.S.C. (GHG) announces its six-month financial results for the first two quarters ended the 30th June 2020 Year to date the company has achieved: Net (Loss) of BD (2.999) million compared to a profit of BD 2,789 million in the same period of previous year, with a decrease of (5.788) million. (Loss) […]

Gulf Hotels Group’s 50th Annual General Meeting was held on Wednesday 15th April 2020 at 12:00 pm via zoom online video conferencing platform, organized by Bahrain Clear. The meeting was presided over by the Chairman, Mr. Farouk Yousef Almoayyed, and attended by the Board Members and representatives from the Ministry of Commerce, Central Bank of […]

The Gulf Hotels Group B.S.C. (GHG) announces its twelve-month financial results for the current year including the fourth quarter. The company achieved a net profit during the fourth quarter of BD 1.734 Million compared to BD 1.182 Million during the fourth quarter of the previous year, with an increase of 46.7%. The earnings per share […]

Just a year after the opening of the 4-star deluxe Gulf Court Hotel Business Bay hotel, the Gulf Hotels Group’s first venture into the UAE market, the management are delighted to be receive the “Best Debut Hotel” award during the Arabian Travel Awards 2019 that took place on Tuesday, 22nd October 2019, one of the […]

Gulf Hotels Group B.S.C. (GHG) announces its nine-month financial results for the current year including the financial results of third quarter. During third quarter company achieved:Revenue of BD 9.295 Million compared to BD 8.225 Million in the third quarter of last year, achieving an increase of BD 1.070 Million or 13 %. Gross operating profit […]

Gulf Hotels Group B.S.C. (GHG) announces its six-month financial results for the current year including the financial results of second quarter. During second quarter company achieved:Revenue of BD 8.737 Million compared to BD 7.889 Million in the second quarter of last year, achieving an increase of BD 848K or 10.75 %. Gross operating profit BD […]

Manama, Kingdom of Bahrain: The Gulf Hotels Group will be participating in this year’s Arabian Travel Market exhibition taking place in Dubai from April 28th April – 1st of May at stand number HC5710 in Sheikh Saeed Arena. This is in line with The Gulf Hotels Group’s continuous efforts of promoting tourism in Bahrain, and […]

Gulf Hotels Group BSC (GHG) announces its financial results for the first quarter ended 31st March 2019. During the first quarter of 2019 the Group achieved:Revenues of BD 10.082 Million, compared to BD 8.711 Million in first quarter 2018, achieving an increase of BD 1.371 Million or 15.74%. Gross Operating Profit of BD 3.555 Million, […]

Gulf Hotels Group’s Forty Ninth Annual General Meeting was held on Monday March 11, 2019 at 12:00pm in Awal Ballroom 3 at The Gulf Hotel. The meeting was presided over by Chairman, Mr. Farouk Yousuf Almoayyed with the board members and representatives from the Ministry of Commerce, Central Bank of Bahrain, Bahrain Bourse and Auditors […]

Gulf Court Hotel Business Bay – Dubai marks the first phase of the group’sexpansion plan across the region Kingdom of Bahrain, 19 February 2019 – Gulf Hotels Group (GHG), Bahrain’s leading homegrown hospitality provider, celebrated the official opening of its first UAE property, The Gulf Court Hotel Business Bay. The opening ceremony was held under […]

Gulf Hotels Group BSC (GHG) announces its annual financial results for the year ended 31 December 2018 including the financial results for the fourth quarter of 2018. During the full year 2018 the Group achieved Revenues of BD 35.111 Million, compared to BD 37.262 Million in 2017, a decrease of BD2.151m or 5.77% Gross Operating […]

Gulf Hotels Group B.S.C. (BHOTEL) announces its nine month financial results for the current year including the financial results of third quarter. The company achieved a net profit during the third quarter of BD 1.117 Million compared to BD 2.809 Million during the third quarter of the previous year, with a decrease of 60.23%. The […]

Gulf Hotels Group (GHG), Bahrain’s leading home-grown hospitality provider, announced the opening of the latest addition to the Group’s hotel portfolio, the “Gulf Court Hotel Business Bay” in Dubai. The new hotel is the first part of GHG’s regional expansion plan which will include Saudi Arabia and other GCC countries. The 269 room, four-star deluxe […]

Gulf Hotels Group B.S.C. (BHOTEL) announces its half year financial results for the current year including the financial results of second quarter. The company achieved a net profit during the second quarter of BD 1.731 Million compared to BD 2.559 Million during the second quarter of the previous year, with a decrease of 32.35%. The […]

Gulf Hotels Group (GHG) has reported the financial results for the First quarter of 2018. Chairman Farouk Y Almoayyed stated that first quarter for year 2018 was very challenging, as trading conditions continued their downward trend in both the hospitality and retailing sectors. Mr. Almoayyed announced that for the first quarter for year 2018 the […]

Manama, Kingdom of Bahrain: Gulf Hotels Group’s Forty Eighth Annual General Meeting was held on Monday March 12, 2018 at 12:00pm in Awal Ballroom 3 at The Gulf Hotel. The meeting was presided over by Chairman, Mr. Farouk Yousuf Almoayyed with the board members and representatives from the Ministry of Commerce, Central Bank of Bahrain, […]

Manama, Kingdom of Bahrain: Gulf Hotels Group (GHG) has reported 2017 financial results. The Group owns the Gulf Hotel, the Crowne Plaza Hotel (via its subsidiary Bahrain Tourism Company SPC), and Gulf Brands International and operates The K Hotel, Asdal Gulf Inn and the Ocean Paradise Resort in Zanzibar (part owned). Chairman Farouk Y Almoayyed […]

Gulf Hotels Group (GHG) has reported the financial results for the period ending September 2017. Chairman, Farouk Y. Almoayyed announced that for the nine month period of 2017 the Group achieved a total Gross Operating Revenue of BD 27.546 million compared to BD 26.055 million in same period 2016, an increase of BD 1.491 million […]

Chairman Farouk Almoayyed and members of the Board of Directors – Gulf Hotels Group has announced that Mr. Garfield Jones takes over the responsibilities of Chief Executive Officer of the group. Chairman Farouk Almoayyed said “This decision is in recognition of Garfield’s hard work and continued efforts to develop the Group’s business. Garfield is a […]

Gulf Hotels Group (GHG) has reported the financial results for the Second quarter of 2017. Chairman, Farouk Y. Almoayyed announced that for the half year 2017 the Group achieved a total Gross Operating Revenue of BD 18.386 million compared to BD 16.382 million in same period 2016, an increase of BD 2.003 million or 12.23%. […]

Manama, Kingdom of Bahrain –17 June 2017: Gulf Hotels Group (GHG), the leading provider of hospitality services in the Kingdom of Bahrain with a growing regional footprint, is pleased to announce the appointment of Mr. Ron Peters as Deputy Chief Executive Officer. He joined GHG in August 2006 as General Manager of Gulf Brands International, […]

Q1 2017 profits surge by 21% Gulf Hotels Group (GHG) has reported the financial results for the first quarter of 2017. Chairman, Farouk Y Almoayyed announced that for the Quarter ended 31st March 2017 the group has managed to achieve a Gross Operating Revenue of BD 9.343 million as against BD 8.578 million last year […]

Manama, Kingdom of Bahrain: Gulf Hotels Group’s forty seventh Annual General Meeting was held on Monday March 13, 2017 at 12:00pm in Awal Ballroom 3 at The Gulf Hotel. The meeting was presided over by Gulf Hotels Group’s Chairman, Mr. Farouk Yousuf Almoayyed, and representatives from the Ministry of Commerce, Central Bank of Bahrain, Bahrain […]

Manama, Kingdom of Bahrain: Gulf Hotels Group (GHG) has reported 2016 financial results, announcing a consolidated net profit of BD 16.133 million for the year. The Group owns Gulf Hotel and recently acquired Bahrain Tourism Company (BTC) and operates The K Hotel, Asdal Gulf Inn, The Ocean Paradise Resort (Zanzibar)(part owned) and Gulf Residence Amwaj. […]

Gulf Hotels Group (GHG) has reported the financial results for the Third quarter of 2016. Chairman, Farouk Y Almoayyed announced that for the Nine months ended 30th September 2016 the Group achieved a total Gross Operating Revenue of BD 26.055 million and a Net Profit of BD 12.347 million after consolidating the results of (Bahrain […]

Gulf Hotels Group (GHG) has reported the financial results for the second quarter of 2016. Mr. Almoayyed announced that for the Half year ended 30th June 2016 the Group achieved a total Gross Operating Revenue of BD 16.382 million and a Net Profit of BD 9.454 million after consolidating the results of BTC to GHG, […]

Manama, Kingdom of Bahrain – 10 May 2016: Gulf Hotels Group (GHG), the leading provider of hospitality services in the Kingdom of Bahrain, today announced that it was delighted with the decision by the shareholders of Bahrain Tourism Company (BTC) to accept the Group’s conditional share swap offer. Chairman Farouk Almoayyed, said: “We would like […]

Gulf Hotels Group (GHG) has reported the financial results for the first quarter of 2016. Chairman, Farouk Y Almoayyed announced that for the Quarter ended 31st March 2016 the Group achieved a total Gross Operating Revenue of BD 8.578 million compared to BD 8.795 million in same period 2015, a decrease of BD 216,873 or […]