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Beirut hotels saw occupancy drop to 54% last year
- Lebanon: Tuesday, February 12 - 2013 at 03:14
According to a survey by Ernst & Young Middle East, occupancy at Beirut's top-end hotels fell to 54% last year, compared with 58% in 2011, The Daily Star has reported. The decline was the steepest among 19 markets in the Mena region, where the average occupancy rate increased 3.7%. Average rate per room at Beirut hotels fell 13.3% year-on-year in 2012, posting the second steepest decrease among all markets in the region, to $193, ranking the capital's hotels as one of the least expensive in the region, the study said.
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