The data, which was commissioned by Arabian Travel Market, found that the rise will be largely fueled by Indian visitors, who accounted for 21 percent of international arrivals during 2018.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…1975 Views | the publication reaches you by | Saudi Arabia Today
While India is expected to remain Oman’s top source market over the next five years, the Philippines is projected to have the highest growth rate at 11 percent, compared to 10 percent for the UK, 7 percent for Germany and 2 percent for the UAE.
The Colliers research also found that there are approximately 4,600 additional hotel keys expected by 2022, with 20 new hotels expected to open in Muscat in 2019 alone.
At the moment, supply in Muscat is dominated by the upper-midscale segment, four four-star properties accounting for 32 percent of the total, compared to 24 percent for five-star and 14 percent for three-star properties.
150 take part through Watani Al Emarat via the ‘Your City Needs You’ initiative Over 150 volunteers –…1693 Views | the publication reaches you by | Saudi Arabia Today
Do you have information you want to reach our readers?