Oman's hotel revenues rise by 26% to reach OMR138 million by August

Muscat: The revenues of 3-5 star hotels in Oman by the end of August 2023 grew by 26.3 per cent to OMR138,380,000 as against OMR109,535,000 by the end of August 2022.

Statistics issued by the National Centre for Statistics and Information (NCSI) showed that the total number of hotel guests and tenants increased by 26.7 per cent to 1,284,640 by the end of August 2023, compared to 1,013,876 in the corresponding period in 2022. Also, the rate of hotel occupancy grew by 10.4 per cent.

The NCSI statistics indicate a rising trend in the number of hotel guests/tenants. The Omani hotel guests grew by 5.3 per cent to 499,840 while other GCC hotel guests increased by 25.1 per cent to 137,367 and the number of European guests grew by 44.1 per cent to 275,672.

The number of American hotel guests stood at 36,970 (up by 2.8 per cent), as against 7,336 hotel guests from the African continent (up by 39.5 per cent); the number of Asian hotel guests also increased by 44.2 per cent to 187,486 while the number of hotel guests from Oceania surged by 228.7 per cent to 27,110.