Hotel revenues exceed OMR73mn in March

Business Monday 08/May/2023 16:29 PM
By: ONA
Hotel revenues exceed OMR73mn in March

Muscat: The revenues of 3-5 star hotels in the Sultanate of Oman recorded a rise of 49.9 per cent at the end of March 2023 to reach OMR73.319 million compared to the corresponding period in 2022, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

The number of 3-5 star hotel guests stood at 522,753, comprising an increase of 25.6 per cent till the end of March 2023 compared to 416,287 guests during the same period in 2022. The occupancy rate stood at 56.4 per cent.

The number of guests from Oceania recorded a significant surge of 210.2 per cent from 4,049 guests by the end of March 2022 to 12,558 guests by the end of March 2023. Asian guests also recorded a rise of 53.4 per cent, going from 42,157 guests by the end of March 2022 to 64,686 guests by the end of March 2023. Guests from the African continent stood at 2,899 guests, constituting a rise of 43.5 per cent compared to March 2022.

The number of European guests stood at 169,334 guests by the end of March 2023, comprising a rise of 41.8 per cent compared to March 2022. Moreover, the number of Arab and other guests by the end of March 2023 stood at 21,639, comprising a rise of 38.1 per cent compared to March 2022. A rise of 30.9 per cent was recorded by the GCC guests, whose number jumped from 25,228 by the end of March 2022 to 33,021 by the end of March 2023.

Further, American guests stood at 17,053, going up by 6.4 per cent compared to the same period in 2022. Meanwhile, the number of Omani guests declined by 1.5 per cent from 184,060 by the end of March 2022 to 181,369 guests by the end of March 2023.