Tuesday 20 August 2019
 
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Oman hotel revenues up 10.4pc in first three months

MUSCAT, May 19, 2019

Hotels in Oman saw their total revenues rise up in the first three months of the year, with three- to five-star hotels reporting RO71 million ($183.8 million) - up 10.4 per cent compared to RO64.6 million ($167.2 million) registered for the corresponding period in 2018, new data showed.

Hotel occupancy rates, however, fell by 2.3 per cent to reach 68.4 per cent at the end of March 2019 against 70.1 per cent for the same period of 2018, according to figures released by Oman's National Centre for Statistics and Information (NCSI).

Meanwhile, the total number of guests in Omani hotels showed a significant increase of 11.3 per cent in the three-month period of 2019, reaching 483,995, from 435,033 guests for the same period of 2018.

Among the different nationalities, Europeans topped the list with the maximum number of visitors at 214,457. This was followed by Omani guests, which stood at 118,220, and Asian tourists at 54,266.

In the case of American, Arab and African visitors, the numbers went up by 2.3 per cent, 9.9 per cent and 0.4 per cent to reach 17,460; 18,709; and 3,170 guests, respectively. However, there was a drop in the number of GCC and Oceanian guests by 13.5 per cent and 4.2 per cent, reaching 39,547 and 4,685 guests, respectively.

Omani hotels received 1.49 million guests and generated a total revenue of RO214.1 million ($554.3 million) in 2018. - TradeArabia News Service




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