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Oman Hotel Revenues Up by 34.7% In March 2023
The revenues of 3-5 star hotels in the Sultanate of Oman recorded a rise of 34.7 per cent by the end of May 2023 to reach RO98.426mn compared to RO73.058mn during the corresponding period in 2022, according to the latest data issued by the National Centre for Statistics and Information (NCSI).
The revenues went up in line with a 27.3 per cent increase in the number of guests by the end of May 2023 to reach 800,952 compared to 629,143 guests during the corresponding period in 2022. Meanwhile, the occupancy rate grew by 13.6 per cent.
To break down figures, the number of Omani guests stood at 274,729, going up by 0.7 per cent. Meanwhile, the number of GCC guests increased by 17 per cent to reach 54,571 and the number of European guests surged by 47.2 per cent to stand at 239,686.
American guests stood at 26,166, up by 4.1 per cent. Guests from the African continent also increased by 39.7 per cent to reach 4,542. Asian guests reached 110,324 (46 per cent rise) and the number of Oceania guests also surged by 255.2 per cent to reach 19,007.
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