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Friday, April 28, 2006

Rich Bahrain Hotels

Tourism at Bahrain has good years. Good infrastructure and looking for tourist needs are fundamental for success. This year Bahrain Hotels Company /BHC/ reported 35% increase in net profit during the first quarter of the current year in comparison to the same period last year.

The BHC chairman said that the company has achieved $3.71 million net profits during the first quarter in 2005 /this year it is $5 million/.

For the previous year Bahrain Hotels Company (BHC), reported that earned a net profit of $10.34 million, with an increase $1.64 million, or 18.6 percent, compared with 2004.

BHC has accelerated its steps toward expanding its portfolio outside Bahrain, it hoped to acquire hotel properties in India, Abu Dhabi and Doha.

Bahrain Hotels Company was estabilishet in 1967 and owns and operates Gulf Hotel - first locally managed five star hotel in Bahrain.


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