Nicosia, Cyprus. Constantinou Bros Hotels Public Company Ltd reported a net profit of €8,428,883 for the financial year ended December 31, 2025, as discussed at a board meeting on April 29, 2026. The board did not propose a dividend, opting to transfer the profit to the company’s reserves.
Profit and dividend decision
The company’s net profit increased from €7,684,727 in the previous year to €8,428,883 in 2025. Despite the increase, the board said it would not propose the payment of a dividend and would instead allocate the net profit to reserves.
Revenue and occupancy
Total revenue rose 12 per cent to €30,062,789, compared with €26,793,774 in 2024. Operating performance at the 525-room property recorded an average occupancy rate of 79 per cent, up from 75 per cent in 2024.
Assets and management assessment
Total assets were €162,744,621 as of December 31, 2025, while net assets were €107,609,582. In its annual management report, the board described the company’s financial standing and the evolution of its activities as satisfactory.
Strategy and external risks
Management said it is intensifying efforts to increase income and room occupancy by attracting niche customer categories, themed events, and specialised stay packages. The group said these objectives are significantly influenced by uncertainty in the wider economic environment, including the war in Ukraine and the ongoing conflict in the Middle East, as well as political instability in the wider Southeastern Mediterranean and fluctuating Greco-Turkish relations, which it said could affect operational continuity and cash flow obligations.
Outlook for 2026
The board said it expects revenues and profitability for the full year 2026 to remain approximately at the same levels as those achieved in 2025.
How do you think external geopolitical risks could affect hotel occupancy and revenues in 2026?