According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to 29% by January 2021, down from last year’s registered 34% during the same ... read more
According to the Ernst and Young (EY) Middle East Hotel Benchmark Survey, the occupancy rate of Beirut hotels rose from 55.1% in the first half of 2016 (H1 2016) to 61.6% in H1 2017. Room yields in ... read more
No economic progress was recorded when it comes to Egypt during the second quarter of 2016. The country kept on suffering from draining foreign currency (FC) reserves and an overvalued exchange rate. From ... read more
It was a busy last quarter in Egypt at all levels. The country completed the parliamentary elections between October and December 2015, thus concluding the 3rd and final step of its political roadmap. ... read more
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