It has also showed that the key cities in terms of occupancies this summer are expected to be Beirut and Aqaba. In Beirut, an increase in revenue per available room (RevPAR) is expected to take place and emanate from both average daily rate (ADR) and occupancy rates, according to Colliers International’s report. The report expected the city to witness a busy summer season with high leisure demand from the Lebanese Diaspora living abroad. As for the Red Sea resort in Jordan, the report showed that it continues to benefit from the domestic demand and the demand from visitors of Scandinavian countries. Colliers International is a global company in commercial and real estate services with over 15,000 employees operating in 68 countries.

Source: Daily News Egypt May 10, 2017 14:15 UTC