84 new hotels to open in Saudi Arabia in 2018
Almost 60 percent of Saudi Arabia’s current construction pipeline of 143 hotels is forecast to open in 2018, according to the ‘Saudi Arabia Hotel Construction Overview’ report by TOPHOTELPROJECTS – compiled ahead of The Hotel Show Saudi Arabia (10-12th April 2018). The report said that 84 hotels comprising 27,281 rooms will open...
2017 had the best tourists shopping figures since 2010 in Lebanon
Tourists’ spending in Lebanon increased by 5.47 percent in 2017 comparing to 2016, according to Global Blue’s ‘Globe shopper spending insights in Lebanon 2017’. The growth was led by Saudi tourists who constitute 14 percent of the total tourists’ expenditures. They are followed by Emiratis (12 percent), and Kuwaitis (six...
Lebanon to end 2017 with over 1.9 million tourists
“We are expecting to end 2017 with over 1.9 million tourists, excluding expatriates, Syrians, and Palestinians,” said Minister of Tourism in Lebanon, Avedis Guidanian, revealing that this is the second best achieved tourism result the country has witnessed since the fifties. Lebanon had scored over two million tourists in...
Reasons to do business in Lebanon
Lebanon was the 72nd largest market for U.S. exports in 2016, according to U.S. Department of Commerce statistics. The Lebanese Customs Authority reported that Lebanon’s total imports in 2016 reached USD 18.705 billion, of which USD 1.184 billion came from the United States. In 2016, the United States ranked as...
