Omani hotels register 7.4% rise in Q1 revenue

May 13, 2014 10:57 am

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.