Oman’s hotel sector revenues fall 54%

Oman’s hotel industry has been severely struck by the pandemic situation. The newly released statistics show a fall of above 50% in revenues. The total revenue of Omani hotels in the three-to-five-star category fell by 54.5% to RO58 million until the end of July 2020 compared to RO127.60 million for the same period of the previous year.

Hotel occupancy rates fell by 44.6% to reach 29.5% until the end of July 2020 against 53.3% for the same period of 2019, according to 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 56.6% in the first 7 months of 2020, reaching 4,28,884 guests from 9,89,218 guests for the same period of 2019.

Among the nationalities, Europeans constituted the maximum number of visitors, reaching 1,56,026. This was followed by 150,760 Omani guests and 38,753 Asian tourists until the end of July 2020, the data released by NCSI revealed.

There was an overall drop in the number of guests of all nationalities until the end of July 2020, with American and GCC guests falling by 60.9% and 69.6% to reach 14,959 and 32,666 guests, respectively.

There was also a drop in the number of African, Oceanian, and other Arab guests by 56.1%, 46.3%, and 67.3% to reach 2,874; 4,668, and 13,865 guests, respectively.

Omani hotels received 1.77 million guests and the hotels generated total revenue of RO229.5 million in 2019.

Also Read: Oman’s Hotel revenue falls over 50%

Also Read: Oman’s academic year to begin on Nov 1

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