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Oman’s hotel revenues surge 121.4% in H1 2022

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Revenues of hotels in Oman surged 121.4 percent year-on-year to reach 83.36 million rials ($217 million) by the end of June 2022 year-on-year (YoY), state-owned Oman News Agency reported, citing the National Centre for Statistics and Information.

The number of guests in the three and five-star hotel categories increased 44.6 percent YoY in the first half of 2022 to reach 770,000. The occupancy rate reached 25.1 percent.

GCC guests recorded the biggest growth of 875.7 percent to reach 61,863 by the end of June 2022 compared to 6,340 in the previous year.

Europeans came second with an increase of 756 percent YoY to 185,297 during the same period.

Americans visiting the Gulf country rose 199.9 percent YoY to 27,281, while the number of Asian visitors rose 21.4 percent YoY to 92,637 by the end of June 2022, the report noted.