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Hotel bookings rise amid economic, political stability

Muhammad Omar

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KARACHI: The number of guests checking into the country’s top hotels is rising, especially in Punjab, courtesy launch of CPEC, improved law and order, and relative economic stability.

Fouzia Azhar, secretary general of the Pakistan Hotels Association (PHA), counted factors, including foreign investments, especially related to the China-Pakistan Economic Corridor, wind power and energy sector, rising activities in the construction and auto industry, and more exhibitions and business events.

“Islamabad, Lahore and Multan may have recorded a higher increase as work on CPEC has started and related industries have become active,” she told Dawn on Saturday. In contrast, Karachi has yet to experience the progressive growth as the city’s hotels have witnessed a tiny three to four per cent rise in occupancy.

She believed CPEC was playing a big role in attracting foreigners, especially Chinese, and its contribution is expected to increase over time.

She recalled that there were very few foreigners visiting Pakistan during the past few years. The situation is changing and more foreign dignitaries, businessmen and industrialists are visiting and the trend is expected to deepen over near future as security situation improves and CPEC makes progress.

She contested reports that hoteliers were charging higher rates for rooms on the back of rising demand.

All major hotels, she said, agreed on certain rates with clients for a specific tenure, which was acceptable to both the parties. Moreover, hotels honoured their regular and loyal customers, she said.

She said shortage of rooms in the major hotels did occur, but only occasionally, especially during high-profile events like EXPO or IDEAS.
 
When you are poring in $46 billion into Pakistan, expect some of it to go to hotels. What I like to know: is there is a spike in air passenger traffic too?
 
When you are poring in $46 billion into Pakistan, expect some of it to go to hotels. What I like to know: is there is a spike in air passenger traffic too?

Yes And our Middle Class population also increase by 18% .... Last Year
 
Let's clean up Pakistan, as well... Pollution is a huge nuisance, and gives bad press on an intl level... Stop others and stop yourselves for a cleaner Pakistan...
 
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