BEIRUT - Beirut's landmark Hamra Street is bustling again and hotel occupancy rates are on the rise as Lebanon's tourism industry rebounds, thanks in no small part to the misfortunes of its Middle East neighbors, engulfed by wars, chaos and political upheaval.

It was just four years ago when Lebanon seemed to be losing its grip on its internal security. The specter of war spilling over from neighboring Syria hung low over the capital and Lebanese proprietors looked longingly to the stability in Turkey and the Gulf region.

But now, Lebanon's tourism sector is on the rise as the Gulf and Turkey, to the surprise of many, are looking shaky. While neighboring Syria and Iraq burn, the Lebanese industry is looking cautiously but optimistically at the promise of a new beginning.