News
3- to 5-Star Hotel Revenues Fall By 61.4% In Oman: NCSI
The total revenues of Omani hotels in the 3- to 5-star category fell by 61.4 per cent to RO78mn until the end of November 2020, compared to RO202mn during the same period of the previous year.
Hotels occupancy rates declined by 51 per cent to reach 26.4 per cent until the end of November 2020, compared to 53.9 per cent for the same period in 2019, according the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).
Meanwhile, the total number of guests in hotels fell by 52.2 per cent at the end of November 2020 to stand at 759,421 guests compared to 1,590,387 guests for the same period of 2019.
Among the nationalities, the Omani guests constituted the maximum number of visitors to stand at 415,230 guests. This was followed by 173,484 European guests and 64,477 Asian tourists until the end of November 2020, the data released by NCSI revealed.
There was an overall drop in the number of guests of all nationalities until the end of November 2020. The number of GCC guests and American guests fell by 80.4 per cent and 69.3 per cent to reach 35,582 and 19,278 guests, respectively.
There was also a fall in the number of African, Oceanian, and other Arab guests by 63.3 per cent, 62.3 per cent and 67.3 per cent, respectively.
-
Banking & Finance2 months agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
Economy2 months agoPrime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
-
News2 months agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
Economy2 months agoOman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
-
News2 months agoIHE Launches Eicher Pro League of Trucks & Buses in Oman
-
News2 months agoLiva Insurance Honored with ‘Insurer of the Year’ Award for 2025
-
OER Magazines1 month agoOER, December 2025
-
News1 month agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
