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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Oman sees hospitality industry revenue fall 3.5%

  • Domestic guests constituted the highest percentage of visitors in hotel industry of Oman
  • The occupancy rate of hotels in Oman rose by 36.3 percent

Hotel guests’ numbers in Oman have been increased by 37.9 percent till the end of October 2021 to stand at 941,418 compared to 682,728 guests in 2020.

The country’s National Center for Statistics and Information’s current report shows that the occupancy rate in Oman grew by 36.3 percent compared to 26.7 percent for the same period in 2020.

The total revenues of the hotel industry of Oman fell by 3.5 percent to RO69,529,000 ($180.83 million) till October 2021, compared to RO72,066,000 ($187.43 million) in the same period in last year.

The NCSI statistics highlighted that domestic guests have supported the country’s hotels in spite of all the restrictions caused by Covid-19 outbreak.

Since the beginning of 2021, many hotels had announced packages to promote and staycation offers to engage Omani residents.

The number of Omani guests increased by 93.5 percent to stand at 680,238.

This was followed by 109,764 Asian guests, 44,628 European guests, 37,259 Arab guests, and 20,751 GCC guests.

American guests’ number reached 15,246, followed by the 5,548 Oceanian guests, 3,376 African guests, and 24,609 guests from other countries.