Beirut hotels occupancy saw 10% drop in Q1
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Beirut hotels occupancy saw 10% drop in Q1

Beirut hotels occupancy saw 10% drop in Q1

According to a report by Ernst & Young, occupancy at hotels in the Lebanese capital, Beirut, dropped 10% in the first quarter of 2013, as room yields dropped 35%, The Daily Star has reported. The average occupancy rate at hotels in Beirut was 56% in the first quarter, down from 66% in the same quarter last year. E&Y's monthly survey of the MENA hotel sector also showed that Cairo had the lowest hotel occupancy rate at 28% in the first quarter, as Amman posted the steepest drop of 22% during the same period.

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