Hotel revenues in the Sultanate of Oman are increasing by an average of 8.3% annually, indicating a revival of the tourism sector in the country. Therefore, Mashroo3k Consultancy offers its clients the opportunity to obtain detailed studies on the feasibility of designing and implementing a hotel apartment project in the Sultanate of Oman.
What is the serviced apartments project?
What is the serviced apartment project? The project involves the establishment and construction of serviced apartments, designed and furnished using the best decor and products, and these apartments will be equipped with all the necessities of modern living to provide excellent accommodation services. The project targets tourists and expatriates, and due to the increasing demand for the project’s services, “Mashroo3k” company expects this project to achieve significant profits and financial surpluses.
In the year 2020, the volume reached Global Hotel Market Approximately 735.38 billion US dollars. It is expected that the value will reach … Global Hotel Market to 1789.51 billion US dollars by 2027. Thus, The global hotel market has achieved a compound annual growth rate of 12.9%.
Mashroo3k consulting company confirms that the project Hotel apartments in the Sultanate of Oman will be a highly profitable project; especially considering that the average annual growth rate of hotel establishments in the Sultanate of Oman reached 15.2% during the period between 2017 and 2021, and that hotel revenues averaged an annual growth of approximately 8.3% during the same period.
For more details on the latest economic indicators and investment opportunities in the Sultanate of Oman, as well as the prominent funding agencies supporting successful investment projects in the Sultanate of Oman, you can contact the investor services team at Mashroo3k for Consulting.
