Muscat, Oman to have largest hotel supply in two years
The capital city will overtake Manama in terms of hotel supply
By the end of 2019, an additional 2,100 keys will mark their entry into markets of Kuwait City, Manama, Muscat and Amman. A majority of this forthcoming supply, 1,200 keys, is expected in Muscat alone.
According to analysts at Colliers, Oman's Ministry of Tourism has signed a deal of worth OMR 4.5 million (US$11.7 million) to develop and construct new hotels, restaurants and resorts across the Sultanate.
The ministry is focusing on the development of three-star hotels in outlying regions.
In addition to that, these projects are expected to offer employment opportunities, and assist in the economic development of the country as well further development of the tourism sector in Oman.