Oman’s hotel revenue grew, occupancy levels dropped in first four months of 2019

Still, the Sultanate recorded a rise in the number of hotel guests during this period

Image used for illustrative purpose only
Image used for illustrative purpose only

Total revenue of Oman’s hotels in the three-to-five star category has increased, however occupancy rates have dropped, according to data from the Sultanate’s National Centre for Statistics and Information (NCSI).

Revenue rose by 12.2% to OMR95.4 million ($248 million) till the end of April 2019 when compared to OMR85.1 million ($221 million) for the same period in 2018.

However, hotel occupancy rates dropped by 2.3% to reach 67.1% at the end of April 2019 against 68.6% for the same period of 2018.

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

For all the latest hospitality news from UAE, Gulf countries and around the world, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page.

Most Popular

Newsletter

Reports

Human Capital Report 2017

Human Capital Report 2017

The second annual Hotelier Middle East Human Capital Report is designed to explore the issues, challenges and opportunities facing hospitality professionals responsible for the hotel industry’s most important asset – its people. The report combines the results of Hotelier Middle East's HR Leaders Survey with exclusive interviews with the region's senior human resources directors.

Hotelier Middle East Housekeeping Report 2016

Hotelier Middle East Housekeeping Report 2016

The Hotelier Middle East Housekeeping Report 2016 provides essential business insight into this critical hotel function, revealing a gradual move towards the use of automated management and a commitment to sustainability, concerns over recruitment, retention and staff outsourcing, and the potential to deliver much more, if only the industry's "image problem" can be reversed.

From the edition

From the magazine