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Oman News

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Oman’s hotel revenues surpass RO 163.6 million by September 2024

The Sultanate of Oman has recorded impressive growth in hotel revenues, with classified hotels (3-5 stars) generating over RO 163.6 million by the end of September 2024.

TAS News Service

info@thearabianstories.com

Monday, October 28, 2024

Muscat – This marks a 6.3 percent increase compared to RO 153.9 million during the same period last year, according to statistics from the National Centre for Statistics and Information.

The rise in revenues is attributed to a 7 percent increase in the total number of hotel guests, reaching approximately 1,547,242 by the end of September 2024, up from 1,445,800 in 2023. Additionally, the occupancy rate experienced a growth of 1.6 percent.

The data indicates a notable increase in Omani guests, rising by 6 percent to reach 605,333. However, the number of Gulf guests saw a slight decline of 0.5 percent, totalling 157,644.

Significant growth was observed among other demographics, with the number of guests from other Arab nationalities increasing by 14.8 percent to 79,143. European visitors also rose by 15.8 percent, reaching 342,016 guests.

Furthermore, the statistics revealed that guests from the Americas totalled 42,239, marking a 2.7 percent increase. Guests from Africa rose by 5.2 percent to 8,820, while the Asian visitor count increased by 6.1 percent, reaching 227,762. Conversely, guests from Oceania saw a substantial decline of 29.7 percent, totalling 21,740.

This growth in hotel revenues and guest numbers reflects a positive trend for Oman’s tourism sector, showcasing its appeal as a destination for both local and international travellers.

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