The Sultanate of Oman recently reported the performance for its four and five-star hotels. The total number of guests staying at four and five-star hotels in the Sultanate witnessed an increase to end of May 2014 totalling 323,779 guests, compared with 258,518 guests during the same period in 2013, recording a growth rate of 25.2%.
The total revenue for four and five-star hotels also grew by 10.4% during the same period, rising to OMR77.895 m, compared with OMR70.551 at the end of May 2013. Occupancy rate also rose to 68.6% to end of May 2014, compared with a 64.5% occupancy recorded during the same period in 2013, registering an increase of 6.4%.
The ‘Main indicators for four and five-star hotels‘ report issued by the National Centre for Statistics and Information (NCSI) revealed that visitors from Europe topped the list of hotel guests (four and five-star hotels) during the period January – May 2014 with 122,635 guests, followed by Omanis with 91,036 guests, while guests from GCC countries recorded a total of 36,382 guests, and those from Asia recording 32,640 guests.
The report reveals that guests from Europe increased by 29.7%, number of Omani guests grew by 17.9%, guests from GCC countries grew by 21.3%, and guests from other unrecorded countries rose by 35.7%. The highest increase recorded was with guests from Africa, with guest numbers growing by a healthy 57.9%. Guests from Oceania registered the least increase with a 3.3% rise in guest numbers compared to the end of May 2013.
Breaking down guest numbers on a month-by-month basis, the report revealed that number of guests during May decreased when compared with previous four months of 2014. The total number of four and five-star hotels guests in January 2014 was recorded as 57,814 guests, for February number rose to 69,344 guests, and 71,225 guests in March 2014. However, total number of guests declined in April to 67,931 guests and 57,465 guests in May 2014.
Throughout this period, revenues grew gradually from OMR 14.714 m in January 2014 to OMR 16.446 m in February, OMR17.063 m in March, and OMR 17.743 m in April 2014. In May 2014, revenues declined to OMR 11.929 m. Meanwhile, occupancy rate in January 2014 stood at 66.6%, growing to 75.3% in February, falling back to 72.7% in March, 71.9% in April and a 57.1% occupancy rate in May 2014.
Comments are closed.