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Tue 19 May 2020 05:27 PM

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Hotel revenue in Oman dropped $122m in first two months of 2020

Occupancy levels fell by 7.8% compared to same period in 2019, according to National Centre for Statistics and Information

Hotel revenue in Oman dropped $122m in first two months of 2020

Europeans made up the maximum number of visitors to the Sultanate in 2019, reaching 127,331.

Total revenue of Omani hotels in the three-to-five-star category fell by 6.3 percent to RO43.9 million ($122m) for the first two months of the year compared to RO46.9m ($122m) for the same period of 2019.

According to the latest figures from the National Centre for Statistics and Information (NCSI), hotel occupancy rates in the Sultanate fell by 7.8 percent to reach 62.5 percent at the end of February 2020 against 67.8% for the corresponding period last year.

While the total number of guests in Omani hotels rose by 0.8 percent in the two-months at the start of 2020, reaching 311,219m from 308,880m guests for the same period in 2019.

Europeans made up the maximum number of visitors, reaching 127,331. This was followed by 84,379 Omani guests and 31,171 Asian tourists until the end of February 2020, the NCSI data revealed.

The number of American, Oceanian, and GCC guests increased by five percent, 10.2 percent, and 12 percent, respectively until the end of February 2020 compared to the first two months of 2019.

However, the number of European, African and other Arab guests dropped by seven percent, 0.4 percent and 5.6 percent, respectively.

Throughout 2019, Omani hotels received 1.77 million guests and generated total revenue of RO229.5m ($597m).

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