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Lebanon's falling tourism pins hope on summer de-escalation of regional tensions

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Lebanon's falling tourism pins hope on summer de-escalation of regional tensions

2025-07-13 15:37 Last Updated At:16:47

Lebanon is pinning hope for a recovery of its struggling tourism on a de-escalation of the tensions in the region this summer.

As tourism accounts for a significant part of Lebanon's economy, many locals hope a possible de-escalation of regional tensions in the summer could help revive seasonal tourism plans, attract hesitant travelers, and restore consumer confidence.

"We're hopeful that everything will improve, and things will get better than before. We want all the expatriates to return and Arabs to visit again," said Souad Zein, a Lebanese citizen.

"I came from France to visit my family [members] and friends in southern Lebanon," said Hassan Jaber, a Lebanese expatriate.

One key development this year is the return of tourists from Gulf countries, an essential driver of Lebanon's summer tourism.

"The situation is definitely better than it was during the war. We were hoping that without the war, we could see the return of Emirati, Kuwaiti and Qatari tourists. And we hope that after Eid al-Adha, Saudi Arabia would also give its blessing so that Saudi tourists could come. We need the Arabs," said Jean Abboud, president of the Association of Travel and Tourist Agents in Lebanon (ATTAL).

"If the situation remains stable, we expect a good tourism season that will strengthen the economy and bring in large amounts of foreign currency. Assuming the average tourist spends 600 U.S. dollars, or even 1,000 to 1,500 U.S. dollars -- we're talking about 1-1.1 billion U.S. dollars during this season, which is a huge amount for a small economy like Lebanon's," said Mohammad Shamseddine, a policy research specialist at the Beirut-based consultancy firm Information International.

Lebanon's falling tourism pins hope on summer de-escalation of regional tensions

Lebanon's falling tourism pins hope on summer de-escalation of regional tensions

The U.S. share of global GDP under President Donald Trump has fallen to its lowest level since 1980, Russian news agency RIA Novosti reported on Saturday.

RIA Novosti said data from the World Bank and the International Monetary Fund show that U.S. purchasing power parity sank to 14.65 percent last year.

That's compared to an average of 14.93 percent during former President Joe Biden's four years in office.

U.S. share of global economy hits lowest point since 1980: Russian media

U.S. share of global economy hits lowest point since 1980: Russian media

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