Uche Cecil Izuora
Capital Hotel PLC (.owners of Abuja Continental Hotel ) has continued to play a significant role in boosting Nigeria’s hospitality industry with stella service delivery to its guest and stakeholders .
Speaking through Non-Executive Director Alhaji Abdulkadir Aminu at the company’s 44th Annual General Meeting held at Abuja Continental Hotel , Kansagra highlighted the company’s strong financial performance and its commitment to delivering exceptional services and experiences.
” The hospitality industry in Nigeria has demonstrated remarkable resilience in the face of economic fluctuations, with a significant surge in domestic tourism driven by factors such as currency fluctuations and a growing appreciation for local destinations ” Kasangra stressed
According to him.,Capital Hotel PLC is well-positioned to capitalize on this trend, with its strategic location and commitment to delivering outstanding value to its guests.
He informed the enthusiastic shareholders of the company’s extensive renovation project is yielding impressive results, with the complete revitalization of the Ladi Kwali Centre and the addition of a new Paddle Court.
To him.,these investments will not only enhance the guest experience but also strengthen the hotel’s market position, fostering continued profitability and increasing shareholder value.
He said the hospitality giant focus on delivering exceptional services and experiences has earned it a reputation as a leader in the hospitality industry adding that the company’s commitment to sustainability is evident in its focus on delivering outstanding value to its guests and stakeholders.
” The company’s strong financial performance is a testament to its resilience and adaptability in a dynamic market. The Board of Directors, management team, and staff have all played a crucial role in driving the company’s growth and success” the Chairman noted
Kansagra expressed his heartfelt appreciation to the company’s remarkable board of directors, dedicated management team, and outstanding staff for their unwavering contributions throughout the challenging year of 2024.
According the him., the company’s outlook for 2025 is positive, with a projected GDP growth rate of 4.17% and a reduction in the fiscal deficit.
He reiterated the hotel commitment to devising and implementing innovative strategies that will empower the company to thrive within Nigeria’s vibrant and constantly evolving economic landscape.
” The company’s focus on delivering outstanding value to its guests and stakeholders will continue to drive its growth and success. With its strong financial performance and commitment to sustainability, Capital Hotel PLC is well-positioned for a bright and prosperous future” Kasangra concluded .