Oman Tourism Report Q2 2016

Date: March 2, 2016
Pages: 30
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: O2A2FE68353EN

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Includes 3 FREE quarterly updates

BMI View: We hold a positive outlook for Oman's burgeoning tourism market. Although small, the country is developing its range of tourism attractions and public investment in both transport infrastructure and hotel and accommodation infrastructure. Oman does face significant competition from more established regional destinations, particularly the United Arab Emirates, and there is also some risk stemming from regional 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 first phase of the USD1.2bn Mina Sultan Qaboos Waterfront Project which is set to enter construction. A number 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.
BMI Industry View
  Table: Key Forecasts (Oman 2013-2020)
Industry Forecast
  Table: Inbound Tourism (Oman 2013-2020)
  Table: Tourism Receipts (Oman 2013-2020)
  Table: Hotel Accommodation (Oman 2013-2020)
  Table: Tourist Departures and Consumption (Oman 2013-2020)
Industry Risk/Reward Index
Tourism Risk/Reward Index
  Table: Middle East and North Africa Risk/Reward Index
Market Overview
Competitive Landscape
Domestic Hotel Groups
  Table: Domestic Hotel Groups
International Hotel Groups
  Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Weighting Of Indicators
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