Oman hotel revenue grows by 11.5% in first two months in 2018

Total revenue for Omani hotels in three to five-star category rose by 11.5% to OMR41.30 million (US $106m) in the first two months of 2018 from OMR37.05 million ($95m) for the corresponding period in 2017, a report released by the National Centre for Statistics and Information (NCSI) said.

Hotel occupancy rates also increased by 8.8% to 69.2% during January-February period of 2018, compared to 63.7% for the same period of last year.

Similarly, the total number of guests in Omani hotels in the first two months of 2018 moved up by 3.4% to 275,970 from 266,817 for the same period in 2017.

Among its major source markets, Europeans came out on top with visitor numbers at 120,650, which showed a growth of 1.3% compared to 2017. Omani hotel guests came in second place with 66,182 visitors showing a decline of 5.5% when compared to the same period of last year.

Visitors from Oceania (Melanesia, Micronesia, Polynesia and Australasia), African and the GCC went up by 57.5%, 41.6%and 32.8% respectively to 3,479, 1,969 and 29,910 visitors during the accounted period, the NCSI data revealed. The number of visitors from Asia grew by 9% to 27,421 tourists, while guests from other Arab countries fell by 16.5% to 10,565 guests during the period under review, the report stated.