Transcorp Hotels Plc expects its 2021 revenue to jump by 67.49 per cent to N17bn as it recovers from the impact of the COVID-19 pandemic on the hospitality industry.
Last year, Transcorp Hotels’ revenue plunged by 50 per cent to N10bn from a record high of N20bn in 2019 as occupancy dropped to as low as five per cent in April 2020 on the back of the impact of the COVID-19 pandemic, according to the presentation.
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