NEWSLETTER
May 11- 17, 2019
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Beirut hotel room value
grew 40 percent last year
Net operating profit increased
by four percentage points
The value of Beirut hotel rooms grew 38 percent last year, compared to 2017, according to the Hotel Valuation Index Middle East conducted by HVS, the global hotel consulting firm.

This growth is due to an improvement in Revenues per Available Room (RevPAR), and a four-percentage-point increase in the net operating profit margin, according to HVS, which reports on the annual percentage changes of typical four and five star hotels.

Beirut hotel rooms were valued at $190,000 last year, while the average value per available room at
...more
ECONOMY
Half of consumption is locally produced goods
Ministry of Industry sees expansion potential of manufacturing sector
FINANCE
E-payments up by record 20 percent
Rising interest rates on loans makes cards a form of lending
Hisham Itani, investors buy stake in Crédit National
The bank is increasing its capital by $30 million
JOB FINDER
OPEN POSITIONEXPERIENCE
HR Coordinator6-10 years
Contracts Manager6-10 years
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PROPERTY FINDER
APARTMENTS FOR SALE
Ain El Mraisseh.300  m2.  4 Bedroom(s), 1 Dining room(s), 2 Living room(s), 5 Bathroom(s), $825,000
AUB.240  m2.  3 Bedroom(s), 1 Dining room(s), 2 Living room(s), 4 Bathroom(s), 1 Maid's Room(s). $950,000
Badaro.260  m2.  3 Bedroom(s), 2 Salon(s), 5 Bathroom(s), 1 Maid's Room(s). $780,000
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