Thursday 6 August 2020

Oman hotel revenues up 12.2pc in first four months

MUSCAT, July 10, 2019

Hotels in Oman saw their total revenues shoot up in the first four months of the year, with three- to five-star hotels reporting over RO95.4 million ($247.1 million), up 12.2 per cent compared to RO85.1 million ($220.4 million) registered for the corresponding period in 2018, new data showed.

Hotel occupancy, however, fell by 2.3 per cent to reach 67.1 per cent at the end of April against 68.6 per cent for the same period of 2018, figures released by Oman's National Centre for Statistics and Information (NCSI) showed.

Meanwhile, the total number of guests in Omani hotels showed a significant increase of 20 per cent in the four-month period of 2019, reaching 683,150 from 569,383 guests for the same period of 2018.

Among the nationalities, Europeans constituted the maximum number of visitors, reaching 307,840. This was followed by Omani guests, which stood at 165,032, and Asian tourists, registered at 73,786, till the end of April, the data revealed.

There was a rise in the number of American guests (up 4.7 per cent) and other Arab guests (up 12.4 per cent) to reach 23,192 and 26,123, respectively. However, there was a drop in the number of GCC, African and Oceanian guests, by 0.2 per cent, 6.6 per cent and 2.2 per cent to reach 58,742; 4,271 and 6,302 guests, respectively.

Omani hotels received 1.49 million guests and the hotels generated a total revenue of RO214.1 million ($554.5 million) in 2018. - TradeArabia News Service


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