Cham Hotels, the largest upscale hotel chain in the country, has surprisingly reported a decline in its 2018 revenues.
The minister of tourism has estimated the losses of the sector since 2011 at some USD 50 billion.
Revenues data from one of Syria’s most iconic attractions highlight how long the road still is before the tourism industry returns anywhere close to where it stood in 2010.
The Ministry of Tourism has announced that several new licenses for small hospitality projects, mostly restaurants, were granted in Damascus and Aleppo in the first two months of this year.
A French tour operator has announced the resumption of its operations in Syria, becoming one of the first western tourism companies to return to the country.
The Ministry of Tourism is saying that the number of foreign arrivals increased this year, although it did not give numbers; the reopening of the Nassib border crossing increased arrivals from Jordan.
The issuance of passports to Syrians living abroad continues to represent an important source of foreign currency revenues.
A new hotel property is set to open in Lattakia, which is among the rare parts of the country still hosting some investment in the tourism industry.
The Ministry of Tourism has granted a license for the management of a boutique hotel in central Damascus to a UAE company.
The Sheraton Aleppo Hotel is expected to reopen partially in the next few days some six years after it shut down.
The number of countries that accept Syrians without visas has remained stable over the past eighteen months after declining severely after the onset of the uprising and war.
The foundation stone of a rare Russian investment in Syria was laid last week near Tartous.
Damascus’ landmark Four Seasons Hotel is now the property of one of the country’s most powerful businessmen.
The award by the government of a prime investment location in Damascus has brought forward a new figure in the Syrian business community.
The Homs city council has signed a new management contract for the city’s only four-star hotel.


Carnegie Event - A Horizon for the Syrian Solution
Carnegie Middle East Center
The Green Economy
Damascus Chamber of Commerce