Picture taken from Zaitunaybay.com

LebanonFiles reported today that restaurants at the Zaitunay Bay are not doing well and Solidere is seriously considering closing down the whole thing given the bad economic situation and the lack of tourists.

I don’t know how accurate this piece of news is, but the solution is definitely not by closing it down, but by lowering the incredibly high rent prices. I have already discussed this matter back in February as I was wondering if it’s really profitable to operate at the Zaitunay Bay.

I guess we will know the answer soon.