http://dailystar.com.lb/article.asp?edition_id=10&categ_id=3&article_id=126413#axzz1Hh93OtdP
its all about creative destruction you see....
Sitting on the terrace of Coral Beach Club, yachts bobbing in the jetty behind him, general manager Chadi Sleiman said the restaurant could not last much longer, after business fell by over 70 percent and Formula One events were canceled. “We do three parties for Formula One: Fashion TV, Head Candy with Ministry of Sound and Formula One Rocks, which is the official after party. We had 4,000 people for each. These types of parties you book in advance, so we’d already paid,” he said.
To understand what I am talking about you have to read this article
The editor