Oman’s luxury hotel revenue rises 27% to $532m

Oman’s luxury hotel revenue rises 27% to $532m

The revenue of Oman’s 3- to 5-star hotels rose 26.6 percent to OMR204.18 million ($531.77 million) by the end of November 2023, compared to OMR161.26 million, according to data issued by the National Centre for Statistics and Information (NCSI). The total number of hotel guests increased by 30.3 percent to 1.88 million in the first […]The revenue of Oman’s 3- to 5-star hotels rose 26.6 percent to OMR204.18 million ($531.77 million) by the end of November 2023, compared to OMR161.26 million, according to data issued by the National Centre for Statistics and Information (NCSI).

The total number of hotel guests increased by 30.3 percent to 1.88 million in the first 11 months of 2023, compared to 1.45 million, Times of Oman news daily reported.

Similarly, the occupancy rate rose 9 percent year on year.

Room bookings by Omanis grew 11.3 percent annually to 716,585, while GCC hotel guest numbers rose 27.9 percent yearly to 185,671.

European hotel arrivals rose 47.1 percent year on year to 447,033.

Hotel bookings by Africans grew 35.6 percent to 10,588, while the number of hotel guests from Asia surged 41.8 percent to 270,320.

It was announced last year that a unified GCC-wide tourism visa would be introduced in 2024 or 2025,