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Hotels bear the brunt of pandemic

26 Jul 2020

One of the worst affected sectors of the COVID-19 pandemic, the hospitality industry in Oman has seen more than 50% fall in revenues as well as the number of guests in the first half of 2020. The occupancy rate, one of the most important indicators of successful hotel operations, fell abysmally low to 32%.    

The total revenue of Omani hotels in the three-to-five-star category fell by 51.5% to RO56.11mn until the end of June compared to RO115.75mn for the same period of the previous year.

Hotel occupancy rates fell by 42.1% to reach 32% until the end of June against 55.3% for the same period of 2019, according the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).

The total number of guests in the hotels fell by 53% in the first six months of 2020, reaching 409,940 guests as compared to 871,595 for the same period of 2019.
Among the nationalities, Europeans constituted the maximum number of visitors, reaching 154,853. This was followed by 134,567 Omani guests and 38,672Asian tourists until the end of June, the data released by NCSI revealed.

There was an overall drop in the number of guests of all nationalities until the end of June, with American guests and GCC guests falling by 56.1% and 61.7% to reach 14,238 and 32,630 guests, respectively.

There was also a drop in the number of African, Oceanian and other Arab guests by 52.1%, 41.9%, and 63.4% to reach 2,784, 4,589, and 13,371 guests respectively.

It should be noted that Omani hotels received 1.77 million guests and the hotels generated a total revenue of RO229.5mn in 2019.

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