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CONSUMER NEWS

Oman hotel revenues drop 9.2pc in January

Mar 18, 2020 11:40 AM

The total revenues of Omani hotels in the three-to-five-star category fell by 9.2 per cent to RO20.64 million ( 53.4 million) until the end of January compared to RO22.74 million ( 58.8 million) for the...

The total revenues of Omani hotels in the three-to-five-star category fell by 9.2 per cent to RO20.64 million ($53.4 million) until the end of January compared to RO22.74 million ($58.8 million) for the same period of 2019.
 
Hotel occupancy rates also dropped by 10.4 per cent to reach 55.9 per cent at the end of January 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 guests from 146,261 guests for the same period of 2019. Among the nationalities, Europeans constituted the maximum number of visitors, reaching 58,075, followed by Omani guests (40,138 visitors) and Asian tourists (15,746 visitors) till the end of January.
 
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 ($594.3 million) in 2019. - TradeArabia News Service

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