Global hotel consulting firm HVS valued a hotel room in Beirut at $190,000 in 2018, constituting the sixth highest valuation among hotel rooms in 14 cities in the Middle East region. In comparison, the average value per available room at hotels in the Middle East was $207,532 last year. The value of a room at hotels in Beirut was higher than the value of rooms in Madinah ($167,000), Manama ($144,000), and Ras Al Khaimah ($139,000), but was lower than the value of hotel rooms in Makkah ($238,000), Kuwait City ($206,000), and Abu Dhabi ($204,000). 

HVS used several parameters to provide a valuation of hotels rooms in the region, including the loan-to-value and debt coverage ratios. In addition, it used the Income Capitalization Approach to calculate the value of a hotel in 2018 and in coming years. This approach is a real estate appraisal method that allows investors to estimate the valuation of a property based on the income that the property generates.

The valuation of a hotel room in Beirut increased by 37.7% in 2018 following a growth of 66.3% in 2017, and relative to a decline of 4.9% in the average value of hotel rooms in the region last year. The growth in the value of a hotel room in Beirut in 2018 was the fourth highest regionally, behind Ras Al Khaimah (+82.9%), Manama (+63.6%), and Jeddah (+58%). HVS attributed the rise in the value of a room in Beirut in 2018 to an improvement in the hotels' revenues per available room, as well as in the hotels' aggregate net operating profit margins, which grew by four percentage points last year.  

Further, the value per available room at hotels in Beirut grew by a compound annual growth rate of 5% between 2015 and 2018, which, along with Egypt (+5%), were the only two markets in the Middle East to post an increase in their hotel room valuation in the 2015-18 period. In comparison, the average value of hotel rooms in the Middle East posted a CAGR of -18% in the 2015-18 period.