The Syrian government plans to retender the contract for the management of a prime four-star hotel in central Damascus after a previous tender failed to generate competitive offers.
The direct losses incurred by the tourism sector in the city of Aleppo alone amount to USD 500 million, according to an industry analyst.
A bomb planted last week under the Carlton Aleppo Hotel, which had opened its doors only a few months before the beginning of the uprising, destroyed parts of the property and killed several soldiers.
The Syrian government has awarded to private investors a ten-year contract for the management of a prime four-star hotel in central Damascus.
Two new hospitality resorts are being established in Tartous and Lattakia, as the coastal area remains the only part of Syria to witness some form of limited investment.
The Ministry of Tourism is reporting that only three investors have put forward bids to develop three different sites it is offering for investment in Damascus and Tartous.
According to the Syrian ministry of tourism, close to 400 hotels across the country are out of service.
After a long legal battle, the management rights of the Semiramis Hotel will return back to its owner, a state entity.
Occupancy rates at Damascus hotels in 2012 were only a fifth of what they were two years earlier, according to a recently released report.
The coastal area is the only remaining part of Syria where some new investment projects are announced, including recently the development of two new tourism properties.
Cham Hotels, Syria’s largest hotel chain, witnessed a second consecutive dismal year in 2012 as Syria’s tourism industry remains distressed.
Hundreds of tourist facilities closed in the last two years in and around Damascus, according to a union official.
Syria’s income from the hospitality industry fell a dramatic 95 percent in two years, according to an official from the Ministry of Tourism.
The Ministry of Tourism has signed a contract with local investors for the management of a hotel property in Tartous.
The number of tourists that visited Syria in the first quarter of 2012 fell 76.4 percent compared to the same period of last year according to a recent government report as the impact of the rising violence is likely to complicate the recovery of the sector in the post-uprising period.
Moms Babies and Kids
Damascus International Fairground
Damascus Chamber of Commerce