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Source:
أخبار الخليج
Source: أخبار الخليج
16 Hrsأخبار الخليج
Source: أخبار الخليج
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Gulf Hotels Group announced a net profit of BHD 3.9 million for the nine months ended 30 September 2026, down 40% from the same period last year, while revenue fell 26% to BHD 19.48 million. The Group attributed the decline to the impact of regional developments during the first half of the year, which led to reduced travel activity and tourism demand in Bahrain and neighbouring markets. In the third quarter, net profit reached BHD 1.06 million, down 14%, while revenue stood at BHD 6.67 million, a decline of 13%. Performance was affected by the seasonality of summer, alongside early signs of improved demand in September. Earnings before interest, taxes, depreciation and amortisation (EBITDA) totalled BHD 8 million for the nine-month period, with a margin of 31%.
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