Friday 10 July 2020

Oman hotel revenues drop 6.3pc in first two months

MUSCAT, May 20, 2020

The total revenue of Omani hotels in the three-to-five-star category fell by 6.3 per cent to RO43.9 million ($113.6 million) between January and February compared to RO46.9 million ($121.4 million) for the same period of 2019.
Hotel occupancy rates fell by 7.8 per cent to reach 62.5 per cent at the end of February against 67.8 per cent for the same period of 2019, according the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).
Meanwhile, the total number of guests in Omani hotels rose by 0.8 per cent in the two-month period of 2020, reaching 311,219 million from 308,880 million guests for the same period of 2019.
Among the nationalities, Europeans constituted the maximum number of visitors, reaching 127,331. This was followed by 84,379 Omani guests and 31,171 Asian tourists till the end of February, the data released by NCSI revealed.
There was a rise in the number of American guests, Oceanian guests, and GCC guests by 5 per cent, 10.2 per cent, and 12 per cent, respectively until the end of February 2020 compared to the same period of 2019.
However, there was a drop in the number of European, African and other Arab guests by 7 per cent, 0.4 per cent and 5.6 per cent, respectively.
Omani hotels received 1.77 million guests and the hotels generated a total revenue of RO229.5 ($594.3 million) in 2019. - TradeArabia News Service


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