Gulf Hotels posts 28% revenue increase

23 February 2009

Gulf Hotels Group, the owner and operator of Gulf Hotel - Bahrain, Gulf Executive Residence, Gulf Convention Centre and Gulf Brands International, posted a 28% increase in gross revenues, up BD29.5m from BD6.5m in 2007. Net profit hit BD8.9m, representing an increase of BD3.2m, or 57.4%, compared with 2007.

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