Muscat hotels record 2nd highest occupancy level in Middle East: EY survey
August 8, 2017 | 2:46 PM
by Times News Service
Photo: File

Muscat: Hotels in the Sultanate's capital city have recorded the highest occupancy rates in the Middle East after UAE cities in the first half of 2017.

Muscat hotels occupancy levels reached above 69 per cent during this period, second only to UAE hotels in Dubai, Abu Dhabi and Ras Al Khaimah.

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June statistics show that only 36.8 per cent of hotel rooms in Muscat city were occupied, representing an average revenue per room (RevPAR) of less than $50, one of the lowest in the region. However, for the first half of this year statistics showed revenue per room were above at $113.

According to the EY Middle East Hotel Benchmark Survey Report, hospitality markets across MENA have so far witnessed a softer performance in the first half of 2017 when compared to the first half of 2016. The majority of markets experienced a drop in revenue per average room (RevPAR) due to a slower global economy and an increase in supply in some of the markets.

Dubai recorded the highest RevPAR performance at US$209 within the MENA region. The Emirate has continued to focus on increasing tourism by means of meetings, incentives, conferences and exhibitions (MICE) events, leisure attractions, exhibitions and conferences, a diverse hospitality supply, and revised visa policies, which have all contributed to its current performance.

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