Oman registered 24 per cent decline in star hotel revenues during March

      Published on Sunday, 7 June , 2020      1161 Views     
Oman registered 24 per cent decline in star hotel revenues during March

  • Lifestyle

The total revenue of the Omani hotels in the three-to-five-star category fell by 24 per cent to OMR54.2 million until the end of March 2020 compared to OMR71.3 million for the same period of 2019.

Hotel occupancy rates fell by 25 per cent to reach 51.3 per cent at the end of March 2020 against 68.4 per cent for the same period in 2019, according the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).

Meanwhile, the total number of guests in Omani hotels fell by 19.5 per cent in the three-month period of 2020, reaching 389,621 guests, compared to 483,995 guests for the same period of 2019.

Among the nationalities, Europeans constituted the maximum number of visitors, reaching 157,098. This was followed by 115,857 Omani guests and 36,056 Asian guests till the end of March 2020, the data released by NCSI revealed.

There was a fall in the number of American guests, Oceanian guests, and GCC guests by 18.1 per cent, 4.7 per cent, and 18.7 per cent, respectively, until the end of March 2020 compared to the same period of 2019.

There was also a drop in the number of European, African and other Arab guests by 26.7 per cent, 16.1 per cent and 29.1 per cent, respectively.

Omani hotels received 1.77 million guests and the hotels generated a total revenue of OMR229.5 in 2019.

Category Lifestyle | 2020/06/07 latest update at 5:00 PM
Source : Times of Oman | Photocredit : Google
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