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Malawi Stock Exchange

Last update 24 Sep 2025

Blantyre Hotels PLC · BHL.MV

Malawi · Consumer Cyclicals · Hotels, Motels & Cruise Lines · —

Price history

Blantyre Hotels Plc is a Malawian hospitality company listed on the Malawi Stock Exchange and associated with one of the country's longest-running hotel assets, Protea Hotel by Marriott Blantyre Ryalls. The company's operating profile is centered on accommodation, conferencing, catering, food and beverage services, events and business-travel hospitality in Blantyre, Malawi's commercial hub. Its hotel product serves corporate travelers, domestic and regional visitors, conferences, institutional events and leisure guests seeking branded service standards in a central urban location. Blantyre Hotels has also communicated development ambitions around additional hospitality capacity, including the Lilongwe Ryalls project, which would broaden the company's geographic exposure if completed. The investment profile is driven by room occupancy, average room rates, conference demand, food and beverage revenue, tourism flows, corporate travel, hotel maintenance standards, financing costs and competition from other hospitality operators. Its heritage gives the company a distinctive market identity, but operating performance remains tied to Malawi's travel, conference and business activity cycle.

Fundamentals

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Metric  (MWK, B) 2024 2023 2022 2021
Revenue Total Revenue 8
EBITDA 1
EBIT 1
Net income Net Income -1
Operating margin 12%
Net margin -18%