Lebanon's tourism revenue drops 40%

The article addressed the significant decline faced by the tourism sector in Lebanon, where hotel revenues have dropped by up to 40% during the summer season. This decrease is due to ongoing security instability and continuous wars since 2023, which have severely impacted tourist activity. The President of the Tourism Syndicates Union, Pierre Asmar, pointed out that the crisis is worsening due to rising and escalating costs, despite a decline in the number of Lebanese and foreign expatriates by up to 40%. He emphasized that wars are the primary enemy of tourism and highlighted the necessity of security and stability to revive the sector and enhance its competitiveness regionally and globally.

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