Car rental office in Beirut, Friday, Aug. 8, 2014. (The Daily Star/Mahmoud Kheir)
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Lebanese expatriates have once again proven to be the real soldiers of the economy, saving many car rental companies from going out of business this summer season.Most of the car rental companies interviewed by The Daily Star reported full bookings on their vehicles, with 90 percent of demand coming from Lebanese expatriates, and only 10 percent from foreigners.Hashem said that 90 percent of demand for vehicles at Formula came from Lebanese expats, and despite a small number of cancellations that took place following the clashes in Arsal, demand was high.Similarly, a representative for Avis said that demand was mostly coming from Lebanese expats.The deterioration in the security situation during the past few years has unfortunately resulted in the summer season being shortened for these companies.Younes said that most of the demand witnessed nowadays at Halal came from Lebanese expats, but he added that following Arsal clashes, his company had witnessed a 40 percent drop in business.
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