Oman’s hotel revenue sees 14.6 per cent increase

Occupancy rates fell by 2.7% to reach 62.4% in January 2019 against 64.2% last year

Research, Data

The total revenue of hotels in Oman in the three-to-five-star category rose by 14.6per cent to OMR22.7 million  ($58.9 m) in January, 2019, as compared to OMR19.8 million ($51.4 m) in the same period of 2018.

 

However, a report by the Muscat Daily newspaper, quoting the latest monthly statistics released by the National Centre for Statistics and Information (NCSI), said that hotel occupancy rates fell by 2.7 per cent to reach 62.4 per cent in January against 64.2 per cent last year.

Meanwhile, the total number of guests in Omani hotels showed a significant increase of 6.9 per cent reaching 145,123 from 135,796 guests for the same period of 2018.

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Reportedly, Europeans constituted the maximum number of visitors (62,167) followed by Omanis (37,380), Asians (16,006) and GCC nationals (11,959) till the end of January.

A decrease in the number of American, Oceanian and other Arab guests was recorded, dropping by 13.6 per cent, 13.2 per cent, and 1 per cent to reach 5,503, 1,769 and 5,529 respectively.

Omani hotels received 1.49 million guests and generated a total revenue of OMR214.1mn ($555.8 mn) in 2018, according to the report.

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