Oman’s Hotel revenues exceed RO 229 million by December 2023

hotels in oman
hotels in oman

Oman’s hotel revenues up 23.4 percent by December 2023

Muscat: The revenues of 3-5 star hotels in the Sultanate of Oman recorded a surge by 23.4 percent to reach over RO 229,256,000 by the end of December 2023 compared to RO 185.772,000 at the end of 2022, according to the latest data issued by the National Center for Statistics and Information (NCSI).

Statistics indicate that this rise is attributed to an increase in the total number of hotel guests by 27.1 percent to stand at 2,071,169 guests by the end of 2023, compared to 1,629,205 guests by the end of 2022, with an occupancy rate of 8.8 percent.

Statistics showed that the number of Omani guests constituted to 10 percent to stand at 769,790. The number of Gulf guests also increased by 23.8 percent to stand at 198,489, followed by the European guests which surged by 43.6 percent to stand at 517,278.

The number of guests from the two Americas continents stood at 57,752, while the number of guests from the African continent reached 11,670, comprising a rise by 29.2 percent.

The number of Asian guests increased by 35.2 percent to reach 297,270. Meanwhile, the number of guests from Oceania surged by 133.8 percent to stand at 44,726.

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