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Tourism Spending in Lebanon on the Downside

The total spending by tourists in Lebanon declined by 20%, in the second quarter of 2012, in comparison with the first quarter of the year, according to Global Blue, the VAT refund operator for international shoppers.

 

Visitors from Saudi Arabia accounted for 17% of total tourist spending in the second quarter, followed by visitors from the UAE with 12%, Kuwait with 9%, Syria with 8% and Egypt with 7%.

 

Beirut attracted 86% of total spending in the second quarter of 2012, followed by the Metn area with 11%, and the Keserwan region and Baabda with 1% each. Fashion & clothing accounted for 75% of total spending, followed by watches & Jewelry with 10%, home & garden products with 4%, department stores and souvenirs & gifts with 3% each, and consumer electronics & household appliances with 1%.

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Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

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