Oman hotel revenues drop more than 61 per cent

Published 13 Jan,2021 via Muscat Daily - Total revenues of Omani hotels in three-to-five star category fell to RO78mn during the January–November period of 2020.

As the hospitality industry was hit hard by the COVID-19 outbreak and lockdowns last year, the total revenues of Omani hotels in the three-to-five star category sharply dropped by 61.4 per cent during the first 11 months of 2020.

Total revenues of Omani hotels in three-to-five star category fell to RO78mn during the January–November period of 2020 compared to RO202mn revenues reported for the corresponding period of the previous year, according to the figures released by the National Center for Statistics and Information (NCSI).

Hotel occupancy rates also sharply fell by 51 per cent to 26.4 per cent until the end of November 2020, compared to 53.9 per cent for the same period of 2019, mainly due to travel restrictions and lockdowns imposed by governments around the world to contain the spread of coronavirus, the NCSI statistics showed.

Meanwhile, the total number of guests in Omani hotels fell by 52.2 per cent in the first 11 months of 2020, reaching 759,421 guests compared to nearly 1.6mn guests for the same period of 2019.

Among the nationalities, 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 during the first 11 months of 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.

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