Would you like to receive notifications on latest updates of the following headlines?

Transcorp to Diversify Services for Revenue Growth in 2024

POSTED ON April 24, 2024 •   BUSINESS      BY Abiodun Saheed Omodara
Transcorp Hotel l Credit: transcorphotels l Source: transcorphotels.com

The Managing Director and Chief Executive Officer of Transcorp Hotels Plc, Dupe Olusola, has announced that the company aims to increase its revenue growth in 2024 and beyond by diversifying its services and implementing various strategies.

During the presentation of the company's 2023 financial year report and investors call, Olusola, revealed that the organization plans to expand its digital presence by utilizing its platform Aura to drive bookings, engage with guests, and generate revenue.

She said there would be a focus on upgrading technology to enhance the guest experience, offering contactless services, and providing personalized offerings tailored to each visitor's unique preferences, noting that the company also aims to prioritize strategic sourcing and operational efficiency to optimize costs without compromising on quality.

Furthermore, there will be a focus on eco-friendly initiatives, energy-saving measures, sustainable sourcing, and enhancing the value and utility of assets through refurbishments and adaptive reuse of spaces.

Olusola expressed confidence in maintaining performance through 2024 and beyond while committing to elevating exceptional guest experiences.

“This technology underscores our commitment to growth and adaptability in the digital age. Upgrading our technology to enrich the guest experience, offering contactless services and personalized offerings that cater to the unique preferences of each visitor, ensuring that our services are not just cutting- edge but also deeply personal.

“Strategic sourcing and operational efficiency are key to our cost optimization efforts. We are dedicated to managing expenses without compromising the quality that our guests have come to expect from us.

“Focus on eco-friendly initiatives, energy-saving measures, and sustainable sourcing, and continuously looking for ways to nhance the value and utility of our assets – including thoughtful refurbishments and adaptive reuse of spaces, ensuring that our investments yield the best possible returns.

READ ALSO
Oil Trade: Indian Refineries Turn to Nigerian Crude While Dangote Refinery Embraces US Imports
BY Abiodun Saheed Omodara August 11, 2025 0

Indian refineries are purchasing Nigerian crude, while Nigeria’s Dangote Petroleum Refinery is...

READ ALSO
States Allocate N235.58 Billion for External Debt Servicing in H1 2025, A 68.4% Surge
BY Abiodun Saheed Omodara August 11, 2025 0

In the first half of 2025, states collectively allocated approximately N235.58 billion towards meeti...

READ ALSO
Foreign Investors Pull Out N576.09 Billion from Nigerian Equities in H1 2025
BY Abiodun Saheed Omodara August 7, 2025 0

Foreign investors divested from equities totaling N576.09 billion on the Nigerian Exchange from Janu...

READ ALSO
EFCC Warns Developers: "Don't Profit from the Proceeds of Crime
BY Abiodun Saheed Omodara August 7, 2025 0

ABUJA, Nigeria - The Economic and Financial Crimes Commission (EFCC) has raised concerns about the p...

READ ALSO
Tinubu Calls for Enhanced Regional Integration to Boost West Africa's Economic Competitiveness
BY Abiodun Saheed Omodara August 2, 2025 0

President Bola Tinubu has highlighted the crucial need for enhanced regional integration throughout...

READ ALSO
Dangote Advocates Affordable Housing Solutions at Africa International Housing Show
BY Abiodun Saheed Omodara August 1, 2025 0

Dangote Cement Plc has urged stakeholders in Nigeria's housing sector to adopt affordable mass housi...

READ ALSO
NOGASA Warns of Nationwide Disruptions as Dangote Refinery Plans Direct Supply to Consumers
BY Abiodun Saheed Omodara August 1, 2025 0

The Natural Oil and Gas Suppliers Association of Nigeria has issued a warning regarding the Dangote...

READ ALSO
NBS Reports Surge in Cooking Gas and Kerosene Prices across Nigeria
BY Abiodun Saheed Omodara July 31, 2025 0

The National Bureau of Statistics (NBS) has announced a rise in the average costs of cooking gas and...

OUR CHANNELS:

Trump to Host South Korean President for Key Trade Agreement Talks on August 25
BY Abiodun Saheed Omodara August 13, 2025 0

US President Donald Trump is set to welcome his South Korean counterpart on August 25 to finalize sp...


Farotimi Backs Obi's One-Term Presidency Proposal, Critiques Past Leadership Failures
BY Abiodun Saheed Omodara August 13, 2025 0

Farotimi supports Obi’s proposal for a one-term presidency, stating that “Obasanjo and B...


Sudan's Stunning 4-0 Victory Sends Super Eagles Packing
BY Abiodun Saheed Omodara August 13, 2025 0

On Tuesday, Sudan decisively defeated the higher-ranked Nigeria 4-0 in Zanzibar, securing the top po...


EFCC Vows to Enforce Money Laundering Laws Following Currency Declaration Breach
BY Abiodun Saheed Omodara August 13, 2025 0

The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into Duru Damian,...


Police Arrest 63-Year-Old Woman for Allegedly Abducting and Selling One-Year-Old Boy
BY Abiodun Saheed Omodara August 13, 2025 0

The Anambra State Police Command has taken a 63-year-old woman, Ngozi Muotuanya, into custody follow...


68 Missing After Indian Catastrophic Flooding
BY Abiodun Saheed Omodara August 13, 2025 0

Indian authorities report that at least 68 individuals remain missing a week after a devastating sur...


FG Champions Cocoa Industry for Economic Growth and Environmental Sustainability
BY Abiodun Saheed Omodara August 13, 2025 0

The Federal Government has reiterated its dedication to enhancing Nigeria’s cocoa sector while...


Civil Society Group Demands Investigation into Comfort Emmanson's Treatment
BY Abiodun Saheed Omodara August 13, 2025 0

A Civil Society Organisation known as The Network for the Actualisation of Social Growth and Viable...


Panic in ADC as EFCC Targets Coalition Leaders amid Allegations of Fraud
BY Abiodun Saheed Omodara August 13, 2025 0

Panic has set in within the African Democratic Congress as the Economic and Financial Crimes Commiss...


Obi Critiques Nigerian Justice System Amid Double Standards in Court Treatment
BY Abiodun Saheed Omodara August 13, 2025 0

The former presidential candidate of the Labour Party (LP), Peter Obi, has criticized the court appe...


More Articles

Load more...

Menu