Tourism accounted for 9.3% of Lebanese economy last year
- Lebanon: Monday, March 11 - 2013 at 06:43
According to figures by the World Travel & Tourism Council (WTTC), the direct contribution of the travel and tourism industry to the Lebanese economy is estimated to reach $4.1bn in 2013, up 1.8% from 2012, The Daily Star has reported. When measured against the nominal GDP, it accounted for 9.3% of the economy's size in 2012, a share that would slightly drop to 9% in 2013, said the WTTC. "This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services, as well as the activities of the restaurant and leisure industries directly supported by tourists," it said.
- UAE, Oman ink education cooperation agreement
- Emirates to deploy A380 on the Brisbane,...
- Yanbu, Southern Province cement ink storage...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.