Oman’s hotel revenue grew, occupancy levels dropped in first four months of 2019

Oman’s hotel revenue grew, occupancy levels dropped in first four months of 2019
Image used for illustrative purpose only
Published: 11 July 2019 - 8 a.m.
By: Priyanka Praveen
Total revenue of Oman’s hotels in the three-to-five star category has increased, however occupancy rates have dropped, according to data from the Sultanate’s National Centre for Statistics and Information (NCSI).

Revenue rose by 12.2% to OMR95.4 million ($248 million) till the end of April 2019 when compared to OMR85.1 million ($221 million) for the same period in 2018.

However, hotel occupancy rates dropped by 2.3% to reach 67.1% at the end of April 2019 against 68.6% for the same period of 2018.

The total number of guests at hotels showed a significant increase of 20% in the four-month period of 2019, reaching 683,150 from 569,383 guests for the same period of 2018.

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