Before October 17, 2019, most 4- and 5-star hotels in Beirut reported annual average room occupancy rates of 75 to 80 percent before the first coronavirus case in Lebanon was…
Hospitality & Tourism
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CorruptionEconomics & PolicyEntrepreneurshipExecutive- Special ReportsHospitality & TourismSpecial Report
Executive Magazine’s September/October issue
Dear stakeholders in Lebanon’s return, dear friends with discerning minds, and all readers of Executive, We are proud to present you with the best-ever socioeconomic issue of Executive Magazine at…
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On May 31, when beach clubs and resorts were given the green light to open for the season, following the government mandated COVID-19 lockdown measures, operators of such properties were…
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Storefront banners and text messages announcing extended clearance sales or “70 percent off” all merchandise have been part of Lebanon’s retail landscape since 2012. Executive has been reporting on the…
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CorruptionEconomics & PolicyEntrepreneurshipHospitality & TourismSpecial Report
Executive Magazine’s July/August issue
It has been just over two weeks since the deadly Beirut Port explosion that killed at least 180, injured over 6,000, and left over a hundred thousand without homes. The…
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All that can be seen in the drive down the narrow road in Damour, south of the airport, that leads to the country’s newest beach club, Lost at Sea, is…
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Coronavirus AnalysisHospitality & Tourism
F&B sector operating in constantly shifting and worsening conditions
It is a sad time for the hospitality sector in Lebanon, as we hear of the closures this May of Food and Beverage (F&B) outlets such as Hamra’s Dar Bistro…
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AgricultureCoronavirus CloseupHospitality & TourismQ&A
Q&A with Kamal Mouzwak on the impact of COVID-19 on Tawlet and Souk El Tayeb
After being closed down starting March 11 for almost eight weeks, due to measures taken in response to the COVID-19 pandemic, Lebanon’s restaurants were allowed to re-open on May 4…
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Hospitality & TourismLaborSpecial Report
Lebanon’s economic crisis weighs heavy on F&B outlets and hotels
In Lebanon’s service-oriented economy, the hospitality and tourism sector is largely considered a beacon of strength. Its direct contribution to GDP by end of 2018 was 6.5 percent (according to…
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The once mighty food and beverage (F&B) sector is today falling under the weight of the current economic crisis—the dollar shortage, increased cost of living due to exchange rates, and…