Hospitality Management Holdings (HMH) has formalised a hotel project in Beirut despite the protests occurring in the city. The boutique property is one of six to be announced by the company at ATM and Michel Noblet, president and CEO of HMH said the launch was part of a long-term strategy. “We are definitely evaluating the situation. The recent political events have been so sweeping, broad and unexpected that it is difficult to say anything more at the moment. Most of us are in the wait and watch situation until the dust has settled and order is restored,” he explained. “Destinations such as Lebanon, Jordan and Syria will remain under pressure for a while. However, as businessmen we take a long term view on the region. A stable and secure environment is certainly needed to lure back visitors to the region.” As well as the Beirut property, HMH will develop two in Jordan; two in Oman and another in Lebanon. In addition, HMH recently launched two properties in Qatar.