Transcorp Hotels traded at 189.70 this Monday March 9th. Looking back, over the last four weeks, Transcorp Hotels lost 8.71 percent. Over the last 12 months, its price rose by 50.44 percent. Looking ahead, we forecast Transcorp Hotels to be priced at 185.87 by the end of this quarter and at 174.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Transcorp Hotels Plc is engaged in the rendering of hotel services. The Company is engaged in developing hospitality assets in Nigeria and West Africa regions. The Company's hotels include Transcorp Hilton Abuja and Transcorp Hotels Calabar. The Company's Transcorp Hilton Abuja hotel has approximately 670 rooms, and it provides cuisine and meeting rooms to business travelers and tourists. The Transcorp Hilton Abuja hotel offers a guest reward program, Hilton Honors, which awards points and miles to members staying at any of the Hilton Group's 3,700 hotels around the world, and airline miles in partnership with over 50 airlines. The 146-room Transcorp Hotels Calabar provides conferencing facilities, dining, round the clock room service, a fitness center, airport pick up and wireless fidelity (wi-fi) in all guest rooms. The Company is a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp).