Bahrain-based Gulf Hotels Group yesterday said its gross operating revenue rose to BD20.930 million for the first nine months of the year from BD16.509 million in 2007, up by 26.78%, reported the Bahrain Tribune. Owner and operator of the Gulf Hotel, Gulf Convention Centre, Gulf Executive Residence and Gulf Brands International, the company posted a net profit of BD6.507 million in comparison with BD4.178 million for the corresponding period last year, an increase of 55.74 per cent.