Oman’s total hotel revenue declines by over 9%

      Published on Wednesday, 11 March , 2020      2216 Views     
Oman’s total hotel revenue declines by over 9%

  • Oman News

The total revenue of Omani hotels in the three-to-five-star category fell by 9.2 per cent to OMR20.64 million at the end of January 2020 compared to OMR22.74 million for the same period of the previous year.

Hotel occupancy rates also fell by 10.4 per cent to reach 55.9 per cent at the end of January 2020 against 62.5 per cent for the same period of 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 1.4 per cent in the first month of 2020, reaching 144,270 from 146,261 for the same period of 2019.

Among the nationalities, Europeans constituted the maximum number of visitors during the period, reaching 58,075 and at 40,138, Omani guests followed. The number for Asian tourists stood at 15,746 till the end of January 2020, the data released by NCSI revealed.

There was a rise in the number of American guests and GCC guests by 4.1 per cent and 11.6 per cent to reach 5,746 and 13,505 guests, respectively.

However, there was a drop in the number of African, Oceanian and other Arab guests by 10 per cent, 14 per cent and 13.2 per cent to reach 1,043, 1,525, and 4,825 guests, respectively.

Omani hotels received 1,77 million guests and the hotels generated a total revenue of OMR229.5 million in 2019.

Category Oman News | 2020/03/11 latest update at 9:25 PM
Source : Times of Oman | Photocredit : Google
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