Hospitality & Tourism articles

Nicholas Chammas talks current Lebanese trade situation and the way out

Nicholas Chammas talks current Lebanese trade situation and the way out

Reading Time: 5 minutes On a rainy day in mid-November 2018, Executive sat with the head of the Lebanese Traders Association, Nicholas Chammas, to hear his thoughts on the retail and trade sector in Lebanon. Given the amount of text messages Lebanese receive on a daily basis from stores announcing the latest promotion or the ever-increasing number of discount

Zomato’s journey in Lebanon

Reading Time: 4 minutes When Deepinder Goyal and Pankaj Chaddah were just food-enthusiasts collecting delivery menus in Mumbai to post online, it is safe to say they did not expect their idea to grow into Zomato, the F&B behemoth we know today. Ten years and 24 countries later, Zomato’s decisions remain guided by one simple mission: to provide better

Lebanon, expose those hidden gems

Reading Time: 6 minutes In its 2018 “Lebanon Overview” report, the World Bank stated that “GDP growth in Lebanon in 2017 is estimated to have undergone a slight acceleration to reach an estimated 2 percent, compared to 1.7 percent in 2016. This has been mainly driven by the services and tourism sectors.” This year, GDP growth slowed again, down

Venture Group talks expansion of their hospitality cluster model in Lebanon and beyond

Reading Time: 8 minutes Marwan Ayoub and Rabih Saba—and their hospitality company Venture Group, specialized in developing and operating purpose-built restaurant clusters—have covered a lot of ground in the past seven years. Today, their team is playing in the premier league of regional hospitality. Geographically and financially, Venture Group’s cluster business started small. In 2011, Ayoub and Saba began

Lebanon’s seasoned F&B operators talk challenges and secrets to success

Reading Time: 6 minutes When it comes to the food and beverage (F&B) industry, Lebanon is a country of contradictions. Although no exact figures are available, those in the industry largely believe that almost the same number of restuarants that closed have also opened. In certain areas, such as the summer hotspot Broummana or in Gemmayze with its restaurants,

Give Lebanon’s tourism industry a chance

Reading Time: 3 minutes After five years, my assignment has come to an end, and here I am reflecting on the country I fell deeply in love with. I was blessed to be entrusted with a luxury hotel opening under very difficult and challenging circumstances, and I have enjoyed my time at the helm of the InterContinental Phoenicia, La

Lebanon’s five star hotels diversifying markets and offerings

Reading Time: 9 minutes Lebanon has not given its five star hoteliers many reasons to smile over the past seven years. Political tension and instability has kept away the country’s traditional market feeders, GCC nationals, since 2011. Meanwhile, regional political and socioeconomic crises have taken their toll on Lebanese expats in the Gulf and in parts of Africa, generally

ABC talks coping mechanisms in a difficult retail environment

Reading Time: 6 minutes ABC Verdun has been in operation for a year now. Although it was a year marked by the continually challenging economic situation in Lebanon, Frank Kuntermann, chief executive officer of ABC Group, feels there are several milestones to celebrate, all things considered. In this interview, Kuntermann discusses ABC Verdun’s performance since its opening in late

7 Management’s journey to success

Reading Time: 7 minutes The road to success is not easy. It is even harder when working in the nightlife industry in a country like Lebanon, where the bad years of political instability—which typically lead to economic downturn and low purchasing power—far outweigh the good years of thriving tourism. But this is exactly the road that Rabih Fakhreddine chose,