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Omani hotels register 7.4% rise in Q1 revenue

: Tuesday, May 13 - 2014 @ 10:57

According to figures released by Oman’s National Centre for Statistics and Information (NCSI), the total number of guests at four and five star hotels grew 22.7% in the first quarter of 2014 to 198,383 guests, compared with 161,685 guests during the same period in 2013, Muscat Daily has reported. Total revenue increased 7.4% during the same period to OR48.22m from OR44.91m. The occupancy rate rose by 3.2% to 71.4% in the first three months of this year, compared with 69.2% during the corresponding period in 2013, the report said.

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Tuesday, May 13- 2014 @ 10:57 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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