The hotel sector is not expected to improve its rates of occupancy this year, according to the Syndicate of Hotel Owners. Hotel occupancy was 40 percent, on average, in the first quarter of the year, compared to 45 percent for the same period last year.
Ihab Kanawati, General Manager of the Staybridge Suites Beirut, said: "Tenants are not booking beforehand and prefer to book on a daily basis because they are afraid of the current situation." He said that most of the visitors are coming t...
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