Hospitality & Tourism articles

Executive Magazine’s September/October issue

Executive Magazine’s September/October issue

Reading Time: < 1 minute 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 this decisive moment for our country’s social and economic development. Our September – October 2020 issue is available to read online or for download and

Impact of COVID-19 and economic crises on Lebanon’s retailers

Reading Time: 6 minutes 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 dwindling purchasing power among Lebanese and the overall decrease in tourists from wealthy GCC countries as the reasons behind the gradual decline of the retail

Executive Magazine’s July/August issue

Reading Time: 2 minutes 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 impacts of this horrific event are still unfolding. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) Lebanon’s most recent sit rep on

Q&A with Kamal Mouzwak on the impact of COVID-19 on Tawlet and Souk El Tayeb

Reading Time: 5 minutes 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 as part of a phased easing of the lockdown. To learn more about considerations F&B operators were taking into account before reopening, Executive chatted beforehand

Lebanon’s economic crisis weighs heavy on F&B outlets and hotels

Reading Time: 5 minutes 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 the World Travel and Tourism Council) and it employs 150,000 people, the biggest employer after the public sector, per the tourism syndicates of Lebanon (the

Lebanon’s F&B operators face an economic crisis and low tourism

Reading Time: 7 minutes 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 lower purchasing power—and lack of tourists, with no respite in sight. Once optimistic F&B operators, who had always insisted that the sector was resilient enough

Lebanon’s hotels facing a bleak last quarter

Reading Time: 5 minutes During the winter holiday period hotels are typically full of life, from locals dining at the in-house food and beverage outlets, to tourists checking in to their rooms at the lobby—everything and everyone is covered with a festive sheen. This year, however, if October and November performances are any indication, a busy festive season will

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