Hotel industry moving towards a bright future.

 
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Byline: S. Kamal Hayder Kazmi

Researchers revealed that hotel industry in any country is a significant sector offering comfort to the customers in the form of shelter, food and refreshment but the operations of the hotel impact environment in many ways like CO2 emissions, water pollution and waste generated. No doubt, hotels are the biggest and popular way of residence among local and international visitors. They have also revealed that the tourism industry has a great impact on hotel industry and both industries are interconnected because of their mutual benefits. The hotel industry of any country is a sign of its cordial reception for foreigners and how their experience in a new environment. It is also said that Malaysia is recognized for its beautiful honeymoon resorts and Egypt is recognized for its historical locations, mainly the Pyramids of Giza.

Since 1947, the hotel industry has been working in Pakistan and also offering a large margin to the Pakistan's economy. The hotel industry leads a large proportion of Pakistan's revenue. In the beginning there were not many hotels but after lapse of time, the development of local and international hotels in an decline. For example, one of the early local hotels are international brands in hotel industry in the country appear as dominant hotel chain present in largest domain like Karachi, Lahore, Islamabad and Dubai.

Studies revealed that before 2008, the hotel industry avail tremendous progress because of fuel by the Pakistani tourism industry. Pakistan's hotel industry is acting as a stimulant for the development of economy. The industrial sector is in the phase of fast moving economy of Pakistan mainly in industrial cities like Karachi, Lahore, Faisalabad and Rawalpindi have many domestic and international companies which are engaged in meetings, conferences and seminars in the hotels.

Various foreign investors are observed in the hotel industry which range from two to five stars hotel. The local and foreign hotels chains are operating in Pakistan for example Avari, Marriot, Carlton, Regent, Movenpick Hotel Karachi, Pear Continental and Ramada Plaza etc.

Researchers identified that the growth in this industry was slow in the decade of 80s, during the early 90s the growth in the hotel industry attained some improvement. Statistics showed that the total number of hotels in the Pakistan has grown from 945 during 1991 to 1250 during 1996, explained an improvement growth of greater than 26...

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