Lebanon’s territory is positioned 170th on the planet (CIA, 2014). It is more modest than the size of Connecticut, probably the littlest state in America. Also, Lebanon is one of only a handful few majority rule nations in the Middle East district. With respect to economy, Lebanon is an unregulated economy and has a long convention of free enterprise financial matters. Notwithstanding its seaside area on the Eastern Mediterranean coast, Lebanon is considered as the focal ‘window’ of the Middle East to Europe, North Africa, and the remainder of the world. Along these lines, its economy has experienced some prosperous occasions and was even once called the ‘Paris’ of the Middle East before the country’s long term long grisly respectful war which finished in 1990.
Likewise, in spite of the fact that Lebanon is little, it is additionally perhaps the most different countries on the planet. Christians, Muslims, Druze, and other minority factions are spread everywhere on the little country and even Lebanon’s political framework depends on partisan force sharing.
Be that as it may, this variety had assumed a vital part in the country’s issues. This variety was an essential state of the nation’s partisan common war and at present assumes a significant job in its political loss of motion, albeit different components (basically unfamiliar) are to be faulted also. There is right now no acting President and the nation’s adversary ideological groups continue quibbling and forestalling instead of encouraging the nation’s turn of events.
Besides, Lebanon’s nearness to Israel has made it an international strategy/intermediary landmark for unfamiliar countries, each utilizing Lebanon for its own narrow minded finishes.
The pitiful political real factors of the nation have fundamentally harmed the nation’s economy. Additionally, since Lebanon is an administration based economy, this specific area has endured the biggest shot.
The travel industry assumes a huge part in the country’s economy. As per the Lebanese Ministry of Economy and Trade (MOET), “The travel industry has for quite some time been one of Lebanon’s driving financial areas” (Economic Research Unit, 2010).
Moreover, The World Travel and Tourism Council assessed that the movement and the travel industry area in Lebanon offered over $4 billion dollars in 2013 (World Travel and Tourism Council, 2014).
The movement and the travel industry area made up about 10% of the economy in 2012 yet that offer dropped to 9% in 2013 (in the same place, p. 14). This is because of the political circumstance in the nation just as some different components. Besides, the quantity of vacationer appearances in the nation continued diminishing from 2011 to 2013.
Since the travel industry has been to some degree fumbling in the previous few years, the space for blunder 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 that these organizations are compelled to accomplish more to compensate for expanding misfortunes (or diminishing benefits) and with less assets. It’s impossible to tell when the political and financial circumstance in Lebanon will improve particularly since the common battle in neighboring Syria gives no indications of subsiding.
There are numerous ways that Lebanese TR organizations can adjust during these occasions, for example, executing scaling back strategies and scaling back promoting and publicizing spending plans. At the point when monetary downturns and difficult stretches influence organizations, the principal things to get killed are normally advertising spending plans. In any case, particularly since TR organizations need to accomplish additionally promoting to compensate for lost organizations, this may not be a smart thought.
One answer for this issue is to exploit Social Media Marketing procedures since they cost practically zero assets, ideal for the current financial circumstance in Lebanon. Online media promoting permits TR organizations to beat obstructions of restricted spending plans and diminished business.
During the previous few years, the constructive outcome of web-based media on business has been incredibly high (Kaplan et al., 2010; Stelzner, 2010; Treem and Leonardi, 2012, p. 143; Baker and Green, 2014).
Additionally, Facebook and Twitter fanatics of a particular brand are significantly more liable to suggest and purchase from these brands than non-fans (Cruz and Mendelsohn, 2011). However, we don’t have to ensure web-based media’s effect on business through exploration examines. For online media clients, which incorporate over 30% of the world, this reality is known. An ever increasing number of organizations are embeddings Social Media showcasing devices into their advertising techniques and, now and again, have even become a basic piece of their general business procedure.
Normally, one would expect that Lebanese organizations would rapidly embrace Social Media Marketing as a critical part in their general showcasing techniques however this isn’t the situation. With regards to the Middle East and particularly Lebanon, the locale is a long ways behind the West in online media utilization. Not just that, with regards to organizations Sozzeal engaged with the travel industry, there is a lot of space for development. Little interest in innovation is getting vacationer organizations far from amplifying showcasing openings given by online media.
The Lebanese the travel industry isn’t exploiting web-based media promoting strategies despite the fact that the benefits of doing so are clear. This presents an incredible issue particularly since the economy is experiencing a harsh time.
Besides, Lebanese TR organizations and organizations in Lebanon by and large are not embracing online media apparatuses as they ought to. This presents an enormous issue in the misuse of assets just as huge botched chances as a bigger objective crowd can be reached through web-based media empowering organizations that embrace online media advertising devices acquire a superior possibility of achievement and success.