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Oman hotel revenues drop 60pc in first 10 months

MUSCAT, December 1, 2020

The total revenue of Omani hotels in the three-to-five-star category fell by 60.2 per cent to RO70.70 million ($183.1 million) until the end of October 2020 compared to RO177.72 million ($460.5 million) for the same period of the previous year.
 
In addition, hotel occupancy rates fell by 50.1 per cent to reach 26.1 per cent until the end of October 2020 against 52.3 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 fell by 53.9 per cent in the first 10 months of 2020, reaching 646,841 guests from 1.40 million guests for the same period of 2019.
 
Among the nationalities, Omanis constituted the maximum number of visitors, reaching 337,687. This was followed by 164,873 European guests and 47,643 Asian tourists until the end of October 2020, the data released by NCSI revealed.
 
There was an overall drop in the number of guests of all nationalities until the end of October 2020, with American guests and GCC guests increasing by 67.8 per cent and 79.5 per cent to reach 17,919 and 34,349 guests, respectively.
 
There was also a fall in the number of African, Oceanian and other Arab guests by 64.9 per cent, 61.1 per cent and 69.7 per cent to reach 3,391; 5,302, and 18,335 guests, respectively. - TradeArabia News Service
 



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