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Hotels of the Gulf reports mid-year results
Gulf Hotels Group announced its financial results for the half-year ending June 30, 2026, recording noticeable declines in profits and revenues due to geopolitical challenges and their negative impact on travel activity and tourism in the region. Over the six months, net profit amounted to 2.81 million Bahraini dinars, representing a 46% decrease compared to the previous year. Revenues also declined by 31%, reaching 12.81 million Bahraini dinars. These results reflect the impact of geopolitical tensions on the hotel sector in the Kingdom of Bahrain, despite the company's continued efforts to implement its expansion strategies and achieve financial sustainability.
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