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Oman is expecting to receive record tourist arrivals Oman is expecting to receive record tourist arrivals

Oman Tourism Arrivals Anticipated to Increase

Tourism arrivals to Oman are anticipated to increase at a compound annual growth rate (CAGR) of 13 percent between this year and 2021, according to data released ahead of this year’s Arabian Travel Market (ATM).

The region’s biggest travel trade show is scheduled to take place at Dubai World Trade Centre from April 22 – 25.

Commissioned to prepare relevant data, Colliers International, a global real estate services company, predicts that the CAGR increase will be mainly fuelled by visitors from the GCC, who accounted for 48 percent of guests that arrived during 2017. Arrivals from India (10 percent), Germany (six percent), the UK (five percent) and Philippines (three percent) are expected to contribute heavily, supported by new visa processes and improved flight connections.

More travel trade companies looking to enter the Omani tourism market expressed that promise during ATM 2017 when the number of attendees interested to do business with the Sultanate increased 13 percent on 2016. Additionally, Omani attendance at ATM 2017 increased 18 percent over the same period.

Accommodating the predicted influx, a number of major hotel chains have recently announced new properties for Muscat, driving the 12 percent CAGR over the next three years; from 10,924 rooms (2017) to 16,866 keys by 2021.