Oman hotel revenues fall 25%

      Published on Friday, 12 June , 2020      1259 Views     
Oman hotel revenues fall 25%

  • Business

Hotels in the three-to-five star range have seen total revenue fall by twenty five percent to $140.85m until the end of March 2020, according to latest statistics correlated by the government.

Hotel occupanct rates fell twenty five percent to slightly over fifty percent at the end of March,

compared to the same time period in 2019 – according to monthly statistics from the National Centre for Statistics.

Europeans accounted for 157,098 hotel visitors, compared to 115,857 Omani nationals and 36,056 Asian guests through the end of March. The total number of European visitors dropped just over twenty five percent, compared to 16.1 percent for African guests and 29.1 percent for Arab guests.

Category Business, Oman News | 2020/06/12 latest update at 4:30 PM
Source : Internet | Photocredit : Google
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