Oman hotel revenues halved amid coronavirus lockdown

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Sun, 2020-07-26 08:26

DUBAI: Three-to-five star rated hotels in Oman reported a sharp fall in revenues during the first half of the year, weighed by the coronavirus pandemic which hit demand for rooms particularly from foreign tourists.
Receipts fell 51.5 percent to $146.02 million during the first six months of 2020, compared to $301.2 million during the same period of 2019, as hotel occupancy rates dipped to 32 percent as of June against 55.3 percent previously.

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