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FinancialNews


  • 02-02-20

    Tourism sector in Lebanon witnesses loss of USD700 million

    (MENAFN) Lebanon's tourism sector has seen a loss of USD700 million since the start of nationwide demonstrations in the country, as said by a Lebanese official.


    According to Jean Beyrouthy, head of the Federation of Touristic Syndicates, "if the situation remains the same, this sector will totally collapse by the summer", the sector is a main source of income for Lebanon.


    Lebanon has been facing demonstrations aimed at bringing down the existing ruling political class, causing chaos on different tourism industries including hotels, restaurants, car rentals and others.

    MENAFN0202202000450000ID1099639072

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