Travel, Tourism & Hospitality Oman hotel revenues drop 61.4pc until November 2020
January 2021 556 The total revenues of Omani hotels in the three- to five-star category fell by 61.4 per cent to RO78 million ($202 million) until the end of November 2020, compared to RO202 million ($523.2 milion) during the same period of the previous year. Hotels occupancy rates declined by 51 per cent to reach 26.4 per cent until the end of November 2020, compared to 53.9 per cent for the same period in 2019, according the latest monthly statistics released by the National Centre for Statistics and Information (NCSI). Meanwhile, the total number of guests in hotels fell by 52...
Source: ttnworldwide.com