Lebanon has a competitive and free market regime and a strong laissez-faire commercial tradition. There are no restrictions on foreign exchange or capital movement. The Lebanese economy is service-oriented main growth sectors include banking and tourism. The major industrial sectors include metal products, banking, agriculture, chemicals, and transport equipment. As a consequence, interest payments consumed 48% of government revenues in 2016, thus limiting the government’s ability to make needed investments in infrastructure and other public goods. Lebanon also suffers from a very high degree of public debt, the third-highest in the world in terms of the ratio of debt-to-GDP. The institute of international finance forecasted GDP growth of only 0.7% for 2013. However, the Lebanese economy was badly affected by the Syrian civil war. It has the 54th richest GDP per capita in the world, and it was forecasted that Lebanons GDP per capita would reach $20,000 by 2015, making it one of the strongest economies in the region. The IMF forecast a growth of 7% for Lebanons real GDP in 20 following 9% growth in 2009 and 8.5% in 2008. The economy of Lebanon is a developing economy, with a private sector that contributes to 75% of aggregate demand and a large banking sector that supports this demand. Guests can choose between the single room, grand deluxe room, deluxe sea view room, deluxe mountain view room, executive suite and the junior suite. With a breathtaking panoramic view of Byblos and the Mediterranean Sea, every room is elegantly furnished and equipped with an LCD TV screen, mini bar, safe box, private balcony, individual climate control and internet access. ![]() You can stroll out of the hotel door and enjoy the surrounding shopping area, tourist center, Phoenician Castle of Byblos, old city, old market, ancient port, the beach, Byblos International Festival, Wax museum? Canari de Byblos has a central location to most tourist attractions in Lebanon: Byblos, Jeita, Batroun, Tripoli, Cedars, Laklouk, and St. Although constructed recently, the mixture of sandstone cladding and wooden elevations in the interior reflects the ancient yet modern character of Canari de Byblos Hotel.īyblos is an ideal destination for business and leisure and Canari de Byblos hotel is the perfect place to be for single and family tourism trips as well as business trips and/or conventions. Beirut city centre is approximately a 35-minute drive away. Upon entering the hotel, you are greeted with a genuine smile by the multilingual staff into an environment that is contributing to relaxation. ![]() As you exit Beirut-Tripoli Highway to enter the city of Byblos, you cannot miss the Canari de Byblos Hotel.
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