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Omran developing Oman's hotel portfolio

Omran, the tourism development and investment arm of the Sultanate of Oman have announced plans to build two new five star hotels in Muscat among other developments. The increase in investment comes is aimed at supporting Oman's aims to increase the tourism industry's GDP contribution to three per cent by 2020.

Omran developing Oman's hotel portfolio

Omran, the tourism development and investment arm of the Sultanate of Oman, has recently announced plans to build two new five star luxury hotels in Muscat. The announcement came as its chief executive Eng Wael al Lawati spoke at a media briefing on Omran's development projects.

Together the two luxury hotels will add over 400 rooms in Muscat. Additionally, Omran is currently constructing a three star 110 room resort in Musandam scheduled to be complete at the end of 2013 along with the five-star Alila Jabal Akhdar Resort due to be completed in the Q1 2014.

Lawati noted that, with several developments in the pipeline, the number of rooms in Omran's four and five star assets are set to double in the next five to seven years, adding, "We also want to focus more on affordable hotels like three- and four-star hotels in some locations in the future". Omran's hotel growth strategy comes as tourist arrivals in Oman are reportedly on the rise.

Oman's Ministry of Tourism reported an 18 per cent increase in the number of travellers who booked holidays in Oman in 2012.

There was also an 18 per cent increase in the tourism sector's contribution to Oman's GDP to RO 719.3 million.

"Currently, tourism depends on the attractive domestic destinations in the Sultanate: forts, castles, charming nature, valleys, mountains, sands and the wonderful coastline. Enhancing tourism will lead, in turn, to gaining more profits and economic advantages for tourism and travel companies."

Noted Ahmad bin Nasser Al Mehrzi, Minister of Tourism.

Oman's Ministry of Tourism has also stated that its aim is to have the tourism sector contribute to three per cent of Oman's GDP by 2020, Investments in Oman's hotel industry will likely go a long way in supporting this aim.

"The tourism sector's contribution to Oman's GDP is currently at 2.4 per cent and we want to grow it to three per cent under Vision 2020. We have made massive investments in the industry and are working on different initiative."

Continued H E Maitha al Mahrouq an official from Oman's Ministry of Tourism.

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