Leisure & Hospitality Oman hotel revenue up 27% to $397m in 2023 By Pramod Kumar November 7, 2023, 6:54 AM Oman News Agency GCC hotel guests in Oman rose 27.6% year on year to 156,703 by the end of September The revenue of Oman’s 3- to 5-star hotels swelled 26.6 percent year on year to OMR153 million ($397.45 million) during the first nine months of this year, according to the National Centre for Statistics and Information. Hotel guest numbers jumped by 27.3 percent to 1.43 million by the end of September 2023, compared to 1.13 million a year earlier. Room booking by Omanis grew 5.3 percent annually to 499,840, while GCC hotel guest numbers rose 27.6 percent yearly to 156,703. UAE hotel revenue hits $7bn as guest numbers surge 15% Asians and Europeans boost Oman hotel revenue Oman labour reforms raise cost concerns for businesses European hotel arrivals rose 43.4 percent year on year to 41,079. Hotel bookings by Asians grew 43.6 percent to 213,980, while the number of hotel guests from Oceania surged 204.5 percent to 30,898. Abdulla bin Touq Al Marri, the UAE’s minister of economy, last month said a GCC-wide tourism visa, which will allow holders to travel across the six Gulf nations – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – will be introduced next year or 2025. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
