Libya; A Mini-Hotel Boom in the making?
Branded a pariah state until just five years ago, Libya is now looking forward to an unprecedented level of new hotel construction, according to Prof. MACY MARVEL, who looked into this new market for LAUSANNE HOSPITALITY RESEARCH at the Ecole hôtelière de Lausanne. At a time when most hotel markets worldwide are choking on overcapacity during this period of cascading demand, Libya, particularly the major urban centres of Tripoli and Benghazi,...
Branded a pariah state until just five years ago, Libya is now looking forward to an unprecedented level of new hotel construction, according to Prof. MACY MARVEL, who looked into this new market for LAUSANNE HOSPITALITY RESEARCH at the Ecole hôtelière de Lausanne.
At a time when most hotel markets worldwide are choking on overcapacity during this period of cascading demand, Libya, particularly the major urban centres of Tripoli and Benghazi, remains undersupplied due to a severe lack of mid-scale to luxury hotel rooms of an international standard. However, at the present time, there are several major projects underway which will lead to a rapid expansion of the country’s quality lodging capacity over the next two to three years.
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