Opportunities for the mid-range hotel market in Oman

The growth of luxury four- and five-star properties in Oman could lead to a shortage of mid-range hotels for the burgeoning tourism market.

This is according to research from property consultancy Cluttons' Muscat Spring 2014 Commercial Market Outlook, which highlights a shortage of mid-range hotels to cater for Oman’s growing tourism market.

Business Monitor International is predicting tourist arrivals to increase by 24% by 2018, to 1.35 million visitors. While inbound tourism remains largely driven by visitors from GCC countries, the last two years have seen an improvement in inbound tourist numbers from Europe.

Head of Cluttons Oman Philip Paul said that government data suggests that investment in four and five-star hotels across Oman by international groups will rise further, and while there was still a need for more luxury rooms, there was a risk too of oversupply in the segment.

Visit C&IT's Oman Destination Guide here

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