August 21, 2017 7:06 AM ET

Hotels, Restaurants and Leisure

Company Overview of Bahrain Tourism Company BSC

Company Overview

Bahrain Tourism Company B.S.C. engages in hotel, investment, and travel activities in the Kingdom of Bahrain. The company’s Hotel segment provides hotel facilities and other services to individuals and corporate customers. Its Investments segment invests in equity shares, mutual funds, and associates; and monitors the performance of the portfolio on a timely basis. The company’s Travel segment provides ticketing and travel agency services. Bahrain Tourism Company B.S.C. also engages in letting out investment properties on rental basis. The company was founded in 1974 and is based in Manama, the Kingdom of Bahrain. Bahrain Tourism Company B.S.C. is a subsidiary of Gulf Hotels Group B.S.C.

Crowne Plaza Bahrain

Diplomatic Area

PO Box 5831

Manama,  

Bahrain

Founded in 1974

Phone:

973 17 530530

Fax:

973 17 530867

Key Executives for Bahrain Tourism Company BSC

General Manager
Executive Director
Executive Director
Compensation as of Fiscal Year 2017.

Bahrain Tourism Company BSC Key Developments

Bahrain Tourism Company BSC Reports Audited Earnings Results for the Year Ended December 31, 2016

Bahrain Tourism Company BSC reported audited earnings results for the year ended December 31, 2016. For the year, the company reported revenue of BHD 6,281,704 compared to BHD 6,946,043 a year ago. Loss from hotel operations was BHD 5,811,202 compared to profit from hotel operation of BHD 448,735 a year ago. Income from investment activities was BHD 2,587,925 compared to BHD 1,956,438 a year ago. Loss for the period was BHD 4,791,570 or 66.5 fils per basic and diluted share compared to profit of BHD 699,393 or 29.7 fils per basic and diluted share a year ago. Net cash generated from operating activities was BHD 627,476 compared to BHD 639,909 a year ago. Payments for acquisition of property and equipment were BHD 85,573 compared to BHD 243,235 a year ago.

Bahrain Tourism Company BSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Bahrain Tourism Company BSC reported earnings results for the third quarter and nine months ended September 30, 2016. For the nine months, the company reported profit from hotel operations of BHD 101,391 compared to BHD 266,012 a year ago. Income from investment activities was BHD 1,875,878 compared to BHD 1,469,915 a year ago. Profit for the period was BHD 1,469,595 compared to BHD 1,463,127 a year ago. Net cash generated from operating activities was BHD 303,055 compared to BHD 260,414 a year ago. Payments for acquisition of property and equipment were BHD 52,663 compared to BHD 103,905 a year ago. Capital expenditure was BHD 464,885 compared to BHD 1,182,542 a year ago. For the quarter, the company reported loss from hotel operations of BHD 61,517 compared to profit from hotel operations of BHD 13,223 a year ago. Income from investment activities was BHD 690,032 compared to BHD 541,488 a year ago. Profit for the period was BHD 561,997 compared to BHD 422,649 a year ago.

Bahrain Tourism Company BSC Reports Earnings Results for the First Quarter Ended March 31, 2016

Bahrain Tourism Company BSC reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported profit from hotel operations of BHD 215,126 compared to BHD 166,139 a year ago. Income from investment activities was BHD 752,330 compared to BHD 548,577 a year ago. Profit for the period was BHD 845,009 or 11.7 fils per basic and diluted share compared to BHD 699,393 or 9.7 fils per basic and diluted share a year ago. Net cash generated from operating activities was BHD 364,553 compared to BHD 67,198 a year ago. Payments for acquisition of property and equipment were BHD 29,600 compared to BHD 49,305 a year ago.

Similar Private Companies By Industry

Company Name Region
Al Jazeera Tourism Company B.S.C. Middle East/Africa
Bahrain International Circuit Company S.P.C. Middle East/Africa
Bahrain International Golf Course Company B.S.C.(c) Middle East/Africa
Banyan Tree Desert Spa & Resort, Al Areen Middle East/Africa
Elite Group Middle East/Africa

Recent Private Companies Transactions

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No transactions available in the past 12 months.
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