Complex Made Simple

Muscat hotels report increase in August occupancy

According to a survey by Ernst & Young, the Omani capital, Muscat, has seen an increase in average occupancy of three percentage points in August 2013, compared with a year earlier, Muscat Daily has reported. The capital also posted a increase in average daily rate (ADR) to $211 in August 2013 from $166 in August 2012. “The market performed very well across most of MENA in August. Although the summer months are generally considered the low season, the occasion of Eid al Fitr helped improve occupancy rates, particularly in markets with favourable tourist attractions,” said MENA head of transaction real estate at E&Y, Yousef Wahbah.