Oman hotel revenues rise to RO117mn in first 7 months of 2018

October 07, 2018

Total revenue of Omani hotels under three-to-five-star category rose 8.8 per cent to RO117.5mn during the first seven months of 2018 from RO108mn recorded in the same period of last year.

According to the latest monthly statistics released by the National Centre for Statistics and Information (NCSI), hotel occupancy rates also increased 4.4 per cent to 57.2 per cent till the end of July 2018, against 54.8 per cent for the same period last year.

However, total number of guests in Omani hotels in January-July period of 2018 declined by 5.3 per cent to 819,829 from 866,020 in the same period of 2017. Among different nationalities, Europeans topped the list with maximum number of visitors at 297,677, which is a decline of 14.5 percent over the same period of 2017. This was followed by Omani guests at 219,602, which is a decline of 5.8 per cent compared to the same period of 2017.

In the case of American, Oceanian and African visitors, the numbers went up by 4.3 per cent, 22.8 per cent and 33.6 per cent to 31,302 visitors, 8,983 visitors and 7,263 visitors, respectively, during the seven-month period.

Number of guests from other Arab countries fell 4.3 per cent to 35,923 and those of other nationalities rose by 32.5 percent to reach 14,408 until the end of July 2018.

Omani hotels had received 1.53mn guests and generated total revenue of RO194.6mn in 2017, the NCSI report added.