Oman's hotel revenues grow by 8.2 per cent

Business Saturday 19/October/2019 17:10 PM
By: Times News Service
Oman's hotel revenues grow by 8.2 per cent

Muscat: The total revenues of the Sultanate's hotels in the three-to-five-star category rose by 8.2% to OMR141.329 million till the end of August 2019 compared to OMR130.653 million for the same period of the previous year.
However, hotels occupancy rates fell by 7.6% to reach 52% at the end of August 2019 against 56.2% for the same period of 2018, according to the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).
Meanwhile, the total number of guests in Omani hotels showed a significant increase by 18.9% in the eight months of 2019, reaching 1,130,672 from 950,860 guests for the same period of 2018.
Among the nationalities, Europeans constituted the maximum number of visitors, reaching 372,939 guests, followed by 341,026 Omani guests and 140,853 Asian tourists till the end of August 2019, the data released by NCSI revealed.
There was a rise in the number of American guests, Oceanian, GCC and other Arab guests by 25.8%, 4.6%, 1.3% and 17.8% to reach 42,648, 10,065, 139,479, and 49,149 guests, respectively. However, there was a drop in the number of African guests by 5% to reach 7,722.