Gulf Hotels Group Bsc operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gulf Hotels Group Bsc with three other
hotel and motel operators in Middle East:
Zara Investment Holding Company PSC
sales of 24.46 million Jordanian Dinars [US$34.50 million]
of which 98%
was Hotels Segment),
Jabal Omar Development Company SJSC
of SAUDI ARABIA
(176.68 million Saudi Arabian Riyals [US$47.10 million]
of which 68%
was Hotels), and
Kuwait Resorts Company KPSC
based in KUWAIT
(5.87 million Kuwaiti Dinars [US$19.49 million]
During the second
quarter of 2021, sales at Gulf Hotels Group Bsc totalled
4.67 million Bahrainian Dinars.
an increase of 36.6%
from the 3.42 million Bahrainian Dinars in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Gulf Hotels Group Bsc in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 9.13 million Bahrainian Dinars, which is
than through the first two quarters of 2020.
Gulf Hotels Group Bsc reported sales of 19.74 million Bahrainian Dinars (US$52.35 million)
December of 2020.
decrease of 48.8%
versus 2019, when the company's sales were 38.57 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 55.8% decline
in Hotel Room Operations, from 12.67 million Bahrainian Dinars to 5.60 million Bahrainian Dinars.
There were also decreases in sales in
Food and Beverage (down 45.4% to 14.13 million Bahrainian Dinars)