I want to
apply for IDAL’s incentives
know if I qualify for IDAL’s incentives
know what are the steps to open a business
know what are the licenses and permits needed to open a business
know more about Investment Opportunities in Lebanon
access Global Bids
operate in Lebanon
Tourism


The Tourism sector in Lebanon has been an important contributor to the local economy, representing a major source of income and employment. The direct contribution of Tourism to GDP, which includes internal tourism consumption and purchases by tourism providers, accounted for 9.8% of Lebanon’s GDP in 2011, compared to a 9.4% contribution in 2009, whereas the total contribution which reflects the wider impact on the economy accounted for 35.2% of GDP.

 

KEY FACTS AND FIGURES:
 

  • One of the fastest growing sector in Lebanon, with an average of 13% annual growth recorded between 2005 and 2009. Tourist arrivals peaked at 1.7 million in 2011, a 27% increase over 2009 figures
  • Directly contributes to 10% of the country’s GDP and indirectly to around 35%
  • One of the largest employer in the country: generating 125,000 direct jobs in 2011 and 448,500 direct and indirect jobs in total (9.4% and 33.4% of total employment respectively)
  • The tourism industry in Lebanon is expected to grow by 4.5%, in its contribution to the country’s GDP in 2012, from USD 4.1 billion in 2011 to USD 4.3 billion in 2012
  • Tourists spending in Lebanon hovers at USD 3,000 per visit, one of the highest rates in the world. Saudi tourists spend the most in Lebanon and account for 23% of total spending, followed by Kuwaitis who represent 10% share of the total


COMPETITIVE ADVANTAGES:
 

  • Leisure attractions: Lebanon has been cited by the CNN and the New York Times as the number 1 city in the world for its unique beaches and resorts, and Beirut’s vibrant nightlife
  • Culture and religious tourism
  • A unique landscape: Lebanon is endowed with a unique landscape and a natural heritage and a mild climate that distinguish it from all the neighboring countries 
  • Human Resources: Lebanon’s educated and multilingual workforce is one of the major strengths of the tourism industry as people are trained to assist and receive tourists with various cultural backgrounds
  • Investment Incentives and climate: The investment climate has been very favorable to foreign as well as local investors, facilitated by increasing government support to the sector. More specifically, Investment Law No.360 provides tourism related projects with generous incentives ranging from tax exemptions, labor incentives and other fiscal incentives 


For more information on the sector, please download the sector’s fact book.

Tourism Fact Book 2014
Tourism Investment Incentives
Tourism OPERATIONAL LICENSES
Useful Addresses