Check-up or check-in? - Executive Magazine
Check-up or check-in? Photo Credit: Joseph Eid / AFP Before October 17, 2019, most 4- and 5-star hotels in Beirut reported annual average room occupancy rates of 75 to 80 percent before the first coronavirus case in Lebanon was reported on February 21, 2020. This occupancy rate had been the norm since 2009 and most hotels expected that in 2019, they would exceed that rate and set a record year. According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to an all-time low of 16 percent by November 2020, down from the previous ye...