The Omani government’s Vision 2020 plan, created in 1995, is ambitious: increase its room count to 20,000 rooms by 2015 and welcome 12 million visitors annually by 2020, an increase well above its 1.5 million visitors recorded during 2012. The government has since issued a more concrete five-year plan outlining strategies from 2011 to 2015 to help reach that larger goal. There are 62 hotels with 7,636 rooms open in Oman, according to STR Global.
Hala Matar Choufany, regional managing director in Dubai at HVS Global Hospitality Service, believes reaching the 20,000 target is not impossible. “Approximately half of the projects would be completed and operational in 2015. “The confirmed branded supply is nearly 4,000, and it is likely that more announcements will be made therefore reaching 20,000 rooms by 2018,” she said.
Four hotels with 583 rooms have recently opened in Oman, according to STR Global. A further nine hotels with 1,628 are under construction. In total, 4,577 rooms are under various stages of development in the total active pipeline.
Confirmed hotel openings in Oman include Rotana, Kempinski, Fairmont, Ritz-Carlton, Rezidor, Millennium, Alila, InterContinental, Anantara, LVMH Hotel Management, Starwood, Angsana and Marriott Intl.
More from OPPORTUNITIES
L’Oreal is boosting its digital efforts with its acquisition of ModiFace, a tech developer that powers many brands’ AR platforms. The …
Swiss Haute Horlogerie brand Audemars Piguet takes hospitality to a new level with the opening of the first AP House …