Wednesday, May 15, 2019

Beirut hotel room value grew 40 percent last year. Net operating profit increased by four percentage points


The value of Beirut hotel rooms grew 38 percent last year, compared to 2017, according to the Hotel Valuation Index Middle East conducted by HVS, the global hotel consulting firm.

This growth is due to an improvement in Revenues per Available Room (RevPAR), and a four-percentage-point increase in the net operating profit margin, according to HVS, which reports on the annual percentage changes of typical four and five star hotels.

Beirut hotel rooms were valued at $190,000 last ye...

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