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Oman Tourism Report Q2 2016

  • March 2016
  • -
  • Business Monitor International
  • -
  • 30 pages

Includes 3 FREE quarterly updates

BMI View: We hold a positive outlook for Oman's burgeoning tourism market. Although small, the countryis developing its range of tourism attractions and public investment in both transport infrastructure andhotel and accommodation infrastructure. Oman does face significant competition from more establishedregional destinations, particularly the United Arab Emirates, and there is also some risk stemming fromregional insecurity which has the potential to deter visitors and derail growth potential. At present,however, we expect tourism arrivals to increase steadily over the forecast period, from 2016 to 2020,providing a boost to tourism-related expenditure and hotel industry value.

Key Updates and Forecasts

- A number of high profile tourism developments are set to break ground in 2016. These include the firstphase of the USD1.2bn Mina Sultan Qaboos Waterfront Project which is set to enter construction. Anumber of leading luxury hotel groups have been linked with the project, including the Hyatt, Hilton,Mandarin Oriental Hotel Group and Taj Hotels, reflecting the strong investor interest in the market.

Table Of Contents

Oman Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (Oman 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Oman 2013-2020) 13
Table: Tourism Receipts (Oman 2013-2020) 15
Table: Hotel Accommodation (Oman 2013-2020) 17
Table: Tourist Departures and Consumption (Oman 2013-2020) 18
Industry Risk/Reward Index 19
Tourism Risk/Reward Index 19
Table: Middle East and North Africa Risk/Reward Index 19
Rewards 19
Risks 20
Market Overview 21
Competitive Landscape 25
Domestic Hotel Groups 25
Table: Domestic Hotel Groups 25
International Hotel Groups 26
Table: International Hotel Groups 26
Methodology 27
Industry Forecast Methodology 27
Risk/Reward Index Methodology 28
Table: Weighting Of Indicators 30

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