Omran to invest $390m in Muscat mountains hospitality project

The state-backed Oman Tourism Development Company (Omran) has announced a new tourism project in the mountainous coastal area near Muscat despite the ongoing regional conflict.

The total investment in the project will be OMR150 million ($390 million), with completion slated for four years, the state-owned Oman News Agency reported.

The project will include a 200-room hotel, 91 branded luxury freehold residential units, a marina, a yacht club, restaurants and retail outlets. The project will be managed by Four Seasons, a Canadian luxury hotel and resort company. 

AGBI reported last week that nearly 64,000 guests booked into Omani hotels for this year’s Eid Al Fitr, which marks the end of the holy month of Ramadan, and about 70 percent are from neighbouring Gulf countries, according to the tourism department.

The sultanate has been the target of a number of Iranian attacks this month. Last week two drones struck an industrial area of Al-Awahi in Sohar, killing two foreign workers and injuring several others. 

• Oman’s MDO takes revenue hit with focus on expansion
• Insurers set for payout as Oman floods kill 10
• Omani town of Khasab profits from Eid supply chain to UAE