Search Site

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Hotel revenues in Oman grow 27.8% to $318 million in July

the number of guests form the GCC countries stood at 99,947, marking a rise of 19.1%.
  • The total number of hotel guests grew by 25.8 percent to 1.09 million by the end of July 2023.
  • Hotel occupancy posted a growth of 10.3 percent. The number of Omani guests reached 411,551.

Muscat, Oman — The revenues of 3-5-star hotels in Oman reached RO 122.5 million ($318 million) at the end of July 2023, up by 27.8 percent over the corresponding period in 2022.

Statistics issued by the National Centre for Statistics and Information (NCSI) show that the total number of hotel guests grew by 25.8 percent to 1.09 million by the end of July 2023, compared to 872,796 during the corresponding period in 2022.

Hotel occupancy posted a growth of 10.3 percent. The number of Omani guests reached 411,551. Meanwhile, the number of guests form the GCC countries stood at 99,947, marking a rise of 19.1 percent. The number of the European guests also increased by 44.4 percent to 259,649.

The number of Americans was 33,420 (up by 3.3 percent), 6,365 were citizens from African countries (37 percent up), while the number of hotel guests from Asian countries stood at 163,779, marking an increase by 47.1 percent. The number of hotel guests from Oceania countries surged by 242.7 percent to 24,755.