BR100 Decreased By (-4.07%)
BR30 Decreased By (-4.95%)
KSE100 Decreased By (-3.56%)
KSE30 Decreased By (-3.72%)
AGHA 8.03 Increased By ▲ 0.03 (0.38%)
BECO 5.20 Decreased By ▼ -0.18 (-3.35%)
BML 61.10 Decreased By ▼ -2.25 (-3.55%)
BOP 33.05 Decreased By ▼ -2.24 (-6.35%)
CNERGY 9.64 Decreased By ▼ -0.41 (-4.08%)
CSIL 5.48 Decreased By ▼ -0.31 (-5.35%)
FCCL 51.24 Decreased By ▼ -2.98 (-5.5%)
FFL 16.60 Decreased By ▼ -0.68 (-3.94%)
FNEL 1.21 Decreased By ▼ -0.05 (-3.97%)
KEL 7.54 Decreased By ▼ -0.39 (-4.92%)
KOSM 5.45 Decreased By ▼ -0.49 (-8.25%)
LOTCHEM 30.66 Decreased By ▼ -0.97 (-3.07%)
MLCF 93.51 Decreased By ▼ -7.43 (-7.36%)
NBP 195.52 Decreased By ▼ -9.74 (-4.75%)
NCPL 53.90 Decreased By ▼ -5.07 (-8.6%)
NPL 63.28 Decreased By ▼ -3.78 (-5.64%)
OGDC 319.01 Decreased By ▼ -12.58 (-3.79%)
PACE 10.46 Decreased By ▼ -0.77 (-6.86%)
PAEL 40.94 Decreased By ▼ -2.97 (-6.76%)
PIBTL 16.50 Decreased By ▼ -1.09 (-6.2%)
PPL 223.00 Decreased By ▼ -9.42 (-4.05%)
PRL 42.03 Decreased By ▼ -0.70 (-1.64%)
PTC 67.05 Decreased By ▼ -2.85 (-4.08%)
SSGC 28.40 Decreased By ▼ -2.29 (-7.46%)
TBL 9.82 Decreased By ▼ -0.59 (-5.67%)
TELE 8.57 Decreased By ▼ -0.74 (-7.95%)
TPL 15.60 Decreased By ▼ -0.95 (-5.74%)
TPLP 11.00 Decreased By ▼ -0.75 (-6.38%)
TREET 22.85 Decreased By ▼ -1.39 (-5.73%)
TRG 58.25 Decreased By ▼ -5.82 (-9.08%)

ISLAMABAD: Tourism Promotion Services (Pak) Limited has entered into a Business Sale Agreement with Pakistan Services Limited to acquire Pearl-Continental Hotel Peshawar, with the intent to promote the untapped potential for tourism in Khyber Pakhtunkhwa province. It will be Serena Hotels’ second property in KP province after the Swat Serena Hotel, increasing the total number of Serena Hotels in Pakistan to 9.

The addition of Serena Hotel in Peshawar, the oldest city of Pakistan with a rich cultural heritage, will not only help in extending the tourist circuit in KP province but will also allow regional connectivity for tourists and business travelers through its portfolio of hotels in Islamabad, Peshawar, Kabul and Dushanbe. The Serena Hotels has plans to further expand its portfolio to other Central Asian countries in the future.

Serena Hotels in Pakistan is playing a pivotal role in promoting tourism in underdeveloped areas of Pakistan with four properties in Gilgit-Baltistan including three Heritage properties. Two new Serena Hotels are under construction in Hunza and Sost in Gilgit-Baltistan.

The properties will showcase the scenic areas, rich cultural heritage, local cuisine, and traditional hospitality of the region, while providing economic opportunities for the local community through skill development, employment, and enhancement of the value chain. As destination hotels, they will not only allow tourists to relax and enjoy the stunning views, but will also provide venues for corporate retreats, family reunions, weddings, and conferences.

The Company plans to invest in Peshawar Hotel for upgrading the guest rooms, restaurants, banquet hall, meeting rooms, health club, public areas, and service delivery in line with Serena Hotel’s standards.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.