Lebanon’s region is positioned 170th on the planet (CIA, 2014). It is littler than the extent of Connecticut, one of the littlest states in America. In addition, Lebanon is one of only a handful couple of just nations in the Middle East locale. Concerning economy, Lebanon is a free market economy and has a long convention of free enterprise financial matters. Notwithstanding its waterfront area on the Eastern Mediterranean drift, Lebanon is considered as the focal “window” of the Middle East to Europe, North Africa, and whatever remains of the world. As a result of this, its economy has experienced some extremely prosperous times and was even once called the “Paris” of the Middle East before the country’s 15 year-long grisly affable war which finished in 1990. BestClerks YouTube
Likewise, in spite of the fact that Lebanon is minor, it is additionally a standout amongst the most different countries on the planet. Christians, Muslims, Druze, and other minority orders are spread everywhere throughout the little country and even Lebanon’s political framework depends on partisan power sharing.
Be that as it may, this differing qualities had assumed a critical part in the country’s issues. This differences was an essential state of the nation’s partisan common war and right now assumes an imperative part in its political loss of motion, albeit different variables (fundamentally remote) are to be faulted also. There is as of now no acting President and the nation’s adversary political gatherings continue squabbling and anticipating as opposed to encouraging the nation’s improvement.
Moreover, Lebanon’s closeness to Israel has made it a remote arrangement/intermediary battleground for outside countries, every utilizing Lebanon for its own narrow minded finishes.
The tragic political substances of the nation have fundamentally harmed the nation’s economy. Additionally, since Lebanon is an administration based economy, this specific segment has taken the biggest hit.
Tourism assumes a huge part in the country’s economy. As per the Lebanese Ministry of Economy and Trade (MOET), “Tourism has for some time been one of Lebanon’s driving monetary divisions” (Economic Research Unit, 2010).
Besides, The World Travel and Tourism Council evaluated that the travel and tourism area in Lebanon contributed over $4 billion dollars in 2013 (World Travel and Tourism Council, 2014).
The travel and tourism area made up around 10% of the economy in 2012 however that share dropped to 9% in 2013 (on the same page, p. 14). This is because of the political circumstance in the nation and additionally some different variables. In addition, the quantity of traveler entries in the nation continued diminishing from 2011 to 2013.
Since the tourism business has been to some degree wallowing in the previous couple of years, the space for mistake turns out to be little for organizations in this industry. The political and financial circumstances are pressing vacationer related (TR) organizations in Lebanon. This implies these organizations are compelled to accomplish more to compensate for expanding misfortunes (or diminishing benefits) and with less assets. There is no telling when the political and financial circumstance in Lebanon will enhance particularly since the common war in neighboring Syria hints at no lessening.
There are numerous ways that Lebanese TR organizations can adjust amid these circumstances, for example, executing scaling back strategies and reducing promoting and publicizing spending plans. At the point when financial retreats and extreme times influence organizations, the principal things to get dispensed with are normally showcasing spending plans. In any case, particularly since TR organizations need to accomplish all the more showcasing to compensate for lost organizations, this may not be a smart thought.
One answer for this issue is to exploit Social Media Marketing methodologies since they cost practically no assets, ideal for the current monetary circumstance in Lebanon. Online networking showcasing permits TR organizations to defeat obstructions of constrained spending plans and diminished business.
Amid the previous couple of years, the constructive outcome of web-based social networking on business has been to a great degree high (Kaplan et al., 2010; Stelzner, 2010; Treem and Leonardi, 2012, p. 143; Baker and Green, 2014).
In addition, Facebook and Twitter devotees of a particular brand are a great deal more prone to suggest and purchase from these brands than non-fans (Cruz and Mendelsohn, 2011). Be that as it may, we don’t have to ensure online networking’s effect on business through research concentrates on. For online networking clients, which incorporate more than 30% of the world, this reality is known. More organizations are embeddings Social Media promoting apparatuses into their showcasing systems and, now and again, have even turned into a necessary piece of their general business technique.
Normally, one would expect that Lebanese organizations would rapidly receive Social Media Marketing as a key part in their general showcasing techniques yet this is not the situation. With regards to the Middle East and particularly Lebanon, the area is a long ways behind the West in online networking utilization. Not just that, with regards to organizations required in the tourism business, there is much space for development. Little interest in innovation is keeping traveler organizations far from amplifying showcasing openings given by web-based social networking.
The Lebanese tourism industry is not exploiting online networking promoting strategies despite the fact that the benefits of doing as such are clear. This exhibits an awesome issue particularly since the economy is experiencing a harsh time.
In addition, Lebanese TR organizations and organizations in Lebanon when all is said in done are not receiving online networking devices as they ought to. This exhibits a colossal issue in the misuse of assets and additionally critical missed open doors as a bigger target group of onlookers can be come to through online networking empowering organizations that receive web-based social networking showcasing apparatuses pick up a superior shot of accomplishment and flourishing.