{"id":58992,"date":"2019-11-25T00:00:00","date_gmt":"2019-11-25T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/58992\/265-restaurants-have-closed-in-the-past-2-months-in-lebanon"},"modified":"2024-02-12T06:19:58","modified_gmt":"2024-02-12T06:19:58","slug":"265-restaurants-have-closed-in-the-past-2-months-in-lebanon","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/58992\/265-restaurants-have-closed-in-the-past-2-months-in-lebanon\/","title":{"rendered":"265 Restaurants Have Closed In The Past 2 Months In Lebanon"},"content":{"rendered":"The <a href=\"https:\/\/www.syndicatercnp.com\/\" target=\"_new\" rel=\"noopener\">Syndicate of Owners of Restaurants, Caf\u00e9s, Night-Clubs, and Pastry Shops<\/a> in Lebanon issued an alarming statement earlier today revealing that 265 restaurants, cafes, pubs, and other establishments in that sector have closed down in the past two months due to the trying economic situation. <br \/>  <br \/>  The board of directors also anticipated that <B>another 200<\/B> would join their ranks, bringing the number to a whopping 465 closures in just 3-months. <br \/>  <br \/>  <iframe title=\"Embedded Instagram Post\" allowtransparency=\"true\" allowfullscreen=\"true\" frameborder=\"0\" height=\"532\" data-src=\"https:\/\/www.instagram.com\/p\/B4y43IvJ-vE\/embed\/\" scrolling=\"no\" style=\"background: white; max-width: 540px; width: calc(100% - 2px); border-radius: 3px; border: 1px solid rgb(219, 219, 219); box-shadow: none; display: block; margin: 12px 0px 12px !important; min-width: 326px; padding: 0px;\"><\/iframe><br \/>  <br \/>  In a previous statement issued prior to the start of the October 17 revolution, the Syndicate had warned that the increase in taxes coupled with the social, economical, and environmental conditions were rapidly deteriorating and affecting purchasing power. This concern fell on deaf ears. <br \/>  <br \/>  The statement added that owners typically await the upcoming festive season to increase their profit margins, but so far the situation seems to be getting worse, encouraging the political ruling class to \u201cbe responsible\u201d and form a government that would improve living conditions and the economic situation for all. <br \/>  <br \/>  Considering the fact that Lebanon is almost purely a service sector centric economy, this is troubling to say the very least. <br \/>  <br \/>  <br \/>  You can read the original text here:<br \/>  <br \/>    <iframe loading=\"lazy\" src=\"https:\/\/www.facebook.com\/plugins\/post.php?href=https%3A%2F%2Fwww.facebook.com%2FsyndicateRCNP%2Fposts%2F2730523693664986&#038;width=500\" width=\"500\" height=\"682\" style=\"border:none;overflow:hidden\" scrolling=\"no\" frameborder=\"0\" allowTransparency=\"true\" allow=\"encrypted-media\"><\/iframe>  ","protected":false},"excerpt":{"rendered":"<p>The Syndicate of Owners of Restaurants, Caf\u00e9s, Night-Clubs, and Pastry Shops in Lebanon issued an alarming statement earlier today revealing that 265 restaurants, cafes, pubs, and other establishments in that sector have closed down in the past two months due to the trying economic situation.<\/p>\n","protected":false},"author":0,"featured_media":438093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ai_generated_summary":"","_preview_accessed":0,"footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-58992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[102],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>265 Restaurants Have Closed In The Past 2 Months In Lebanon<\/title>\n<meta name=\"description\" content=\"The Syndicate 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