News on Oman

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B2B | Reduced revenue a pointer to change


The financial health of Oman’s hospitality industry has taken a downturn but it should not be a cause of pessimism for the longer-term outlook, according to Mac Thomson, Chief Executive Officer of hotel and asset management group, MMIS LLC.

Mr Thomson said the latest data from property consultants,

The Economist Explains | Who are the Ibadis?

20181222 BLP505

They predominate in Oman, which has remained apart from the Islamic infighting that disrupts the Middle East

ANYBODY WHO studies Islam will know that there are two main branches, Sunni and Shia, which differ in their understanding of early Islamic history and hence have different ideas about how Islam’s leadership should have been organised in subsequent eras. …

WEF | The Global Competitiveness Report 2018

WEF GCR 2018 Cover

Oman moves up 14 positions to sit at #47

In October 2018 the most recent report, The Global Competitiveness Report 2018, was published. In that report the Sultanate of Oman was ranked #47 of 140 economies. This compares to a ranking in the 2017 report where Oman ranked #61 of 135 economies.

Turning the Corner | A Positive Trend Emerges

Colliers | MENA Hotel Forecast YoY Variance | RevPAR Muscat (Mar-18b)

For three long years the hotel industry in Muscat has been confronted each month with negative forecasts of ever declining revenue, leading to a compounded 33% decline in RevPAR (Revenue Per Available Room). The fact that these forecasts from Colliers International have reported the state of the industry in a typically professional and factual manner has been of little comfort to the industry.

Alternative Accommodation | Driving Growth


The relationship between OTAs and hotels

In April 2018 Colliers International produced a research paper as part of the Arabian Travel Market Series. The paper, Alternative Accommodation - Driving Growth for Destinations or Disruption, has detailed and insightful analysis of how Online Travel Agents (OTAs) and hotels are interacting, and how this symbiotic relationship might continue to grow.

The Baker's Dozen | Changes Within the Hotel Industry 

Colliers | MENA Hotel Forecasts 1801 (Jan-18 Cover)

The Sultanate of Oman consistently receives positive international media coverage with more attention being drawn to the unique features that separate Oman from many of the other cookie-cutter destinations. A common theme through many of these media reports is the relative safety of Muscat and Oman.

CNN Style | Muscat: The Middle Eastern metropolis

CNN Style - Muscat

“A safe haven in an otherwise volatile region, Oman hasn’t fallen into the trap of brash over beauty like many of its Emirati cousins.” 

CNN Style | Metropolises on the up

Earlier this month CNN published a list of the Metropolises on the up: 7 design-savvy cities to watch in 2018

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