Riviera is one of few hotels that have bucked the trend of low occupancy this summer.
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Most hotels in Lebanon this summer season experienced a drop in their occupancy rates by 40 percent and a steep fall in their revenues by around 60 percent compared to 2009 and 2010, the head of a hotelier association said.Achkar attributed the low occupancy rate to the deteriorating political and security situation in the country over the past couple of years.Achkar explained that not all hotels have been impacted to the same extent.Likewise, Mohamed Kannan, director of sales and marketing at Golden Tulip, reported a current occupancy rate of 30 percent to 50 percent, compared to 70 percent for the same period last year.Some hotels in Beirut reported a fair occupancy rate in view of the security situation in the country.Saade added that reservations during Eid al-Fitr and during August were not as expected.Mouawie added that Riviera has dropped its prices by 30 percent this month compared to August in order to boost occupancy rate.
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