Oman hotels report RO 132 million in revenues

MUSCAT: The National Centre for Statistics and Information reported a 7.9% increase in revenue for 3-5 star hotels in Oman, reaching RO 132.306 million by the end of July 2024, up from RO 122.628 million in 2023.

This growth is attributed to a 9.3% rise in hotel guests, totaling approximately 1,204,426 by July 2024 compared to 1,102,314 the previous year. The occupancy rate grew by 2.1%.

This growth is attributed to a 9.3% rise in hotel guests.

The number of Omani guests increased by 7.7% to 445,000, while Gulf guests grew by 0.6% to 101,341. Other Arab guests increased by 12.8% to 58,252, and European guests surged by 18.9% to 308,938. Guests from the Americas rose by 4.4% to 34,928, while African guests were up by 0.9% at 6,469. Asian guests saw a 9.9% increase to 180,739, while guests from Oceania decreased by 30.6% to 17,200. — ONA