Pearl-Continental Hotels & Resorts

Last updated
Pearl Continental Hotels and Resorts Pakistan
Formerly InterContinental Hotels
Company typePublic
PSX:  PSEL
Founder Sadruddin Hashwani
Headquarters,
Pakistan
Number of locations
Karachi, Lahore, Faisalabad, Rawalpindi, Peshawar, Gwadar, Bhurban, Muzaffarabad and upcoming properties in Mirpur and Multan
Area served
Pakistan
Key people
RevenueIncrease2.svgRs. 13.26 billion (US$46 million) [1]  (2023)
Decrease2.svgRs. 67.77 million (US$230,000) [1]  (2023)
Decrease2.svgRs. -218.27 million (US$−760,000) [1]  (2023)
Total assets Decrease2.svgRs. 64.74 billion (US$220 million) [1]  (2023)
Total equity Decrease2.svgRs. 44.93 billion (US$160 million) [1]  (2023)
Number of employees
1,660 [1]  (2023)
Parent Hashoo Group
Website www.pchotels.com

Pakistan Services Limited, doing business as Pearl-Continental Hotels & Resorts (also abbreviated to PC Hotels), is the largest chain of five-star hotels in Pakistan with properties in Karachi, Lahore, Rawalpindi, Peshawar, Gwadar, Bhurban, Muzaffarabad. and Malam Jabba, and under construction in Multan, Attabad Lake, Sukkur, Mirpur, Hayatabad, and Hyderabad. [2] Pearl-Continental Hotels is a subsidiary of Hashoo Group who also operate Marriott Hotels in Islamabad and Karachi through a franchise system. [3] Hashoo group has recently launched a new chain of four-star hotels by the name of PC LEGACY. PC LEGACY Naran is functional and operating in Naran and another is being constructed in Nasirabad, Hunza. [4]

Contents

The Pearl-Continental Hotel in Karachi was inaugurated by President Muhammad Ayub Khan on 10 May 1964 and was the first five-star hotel in Pakistan which hosted various prominent figures from across the globe including Queen Elizabeth II, Nelson Mandela, and King Hussain of Jordan, among others. Cabin crew from Lufthansa, SAS, and Swissair would stay there during their transits. It was a member of the Leading Hotels of the World for over a decade. [5] [6] A new hotel was built for Lahore and Rawalpindi in 1967 [7] [8] with another branch opening in Peshawar in 1975. [9]

Incidents

On 11 May 2019, at least eight people including four hotel employees, one soldier and three terrorists were killed in a terror attack targeting the Pearl Continental in Gwadar, Balochistan, Pakistan. [10] [11] [12] [13] [14]

On Thursday night 26 May 2022, the roof of the 5-star property collapsed at Karachi's Pearl-Continental Hotel. [15] According to the reports one person was killed and three others injured after the ceiling of the five-star hotel caved in on top of them. The incident occurred inside the Marco Polo Hall at the hotel where an event was under way. [16]

Uncovered Peshawar Construction

When the Pearl-Continental construction was initiated in 1971, workers digging underground to form its foundation discovered old human, elephant and horse bones. Archaeologists discovered that the Hotel was the site of a fierce battle between the armies of Mahmud of Ghazni and Jayapala in the Battle of Peshawar in the year 1001. [17]


Related Research Articles

<span class="mw-page-title-main">Transport in Pakistan</span>

Transport in Pakistan is extensive and varied, and serves a population of over 240 million people. In recent years, new national highways have been built, with the addition of motorways which have improved trade and logistics within the country. Pakistan's rail network owned by Pakistan Railways is also undergoing expansion in recent years. Airports and seaports have been built with the addition of foreign and domestic funding. Transportation challenges in developing countries like Pakistan are escalating due to poor planning, inadequate governance, and corrupt practices. Consequently, these nations are grappling with a significant crisis in their transportation systems.

<span class="mw-page-title-main">Pakistan Railways</span> Pakistani state-owned railway company

Pakistan Railways is the national, state-owned railway company of Pakistan with its headquarters in Lahore. Founded in 1861 as the North Western State Railway and headquartered in Lahore, it owns 7,789 kilometres of operational track across Pakistan, stretching from Peshawar to Karachi, offering both freight and passenger services, covering 505 operational stations across Pakistan.

<span class="mw-page-title-main">Bhurban</span> Town in Punjab, Pakistan

Bhurban is a small town and a hill station in Punjab province, Pakistan. The resort town is named after a nearby forest. It is located approximately 11 kilometres (6.8 mi) from Murree city.

<span class="mw-page-title-main">Former administrative units of Pakistan</span>

The former administrative units of Pakistan are states, provinces and territories which mainly existed between 1947 and 1975 when the current provinces and territories were established. The former units have no administrative function today but some remain as historical and cultural legacies. In some cases, the current provinces and territories correspond to the former units – for example the province of Punjab includes almost all the territory of the former province of West Punjab.

<span class="mw-page-title-main">Pakistan Tourism Development Corp</span> Organization of Government of Pakistan to promote tourism

Pakistan Tourism Development Corporation is an organization of the Government of Pakistan. PTDC is governed by the Board of Directors and provides transportation to various areas and owns and runs several motels across the country. It was incorporated on 30 March 1970.

<span class="mw-page-title-main">Balochistan Liberation Army</span> Baloch militant group based in Afghanistan

The Balochistan Liberation Army, is a Baloch ethnonationalist militant separatist organization based in Afghanistan. BLA's first recorded activity was during the summer of 2000, after it claimed credit for a series of bombing attacks on Pakistani authorities. BLA is listed as a terrorist organization by Pakistan, the United Kingdom, and the United States.

<span class="mw-page-title-main">Tourism in Pakistan</span> Overview of tourism in Pakistan

Tourism in Pakistan is a growing industry. In 2010, Lonely Planet termed Pakistan "tourism's 'next big thing'". The country is geographically and ethnically diverse, and has a number of historical and cultural heritage sites. Condé Nast Traveller ranked Pakistan The Best Holiday Destination for 2020 and also declared it the third-highest potential adventure destination in the world for 2020. As security in the country improves, tourism increases; in two years, it has increased by more than 300%. The Pakistani government had launched online visa services for 175 countries and 50 countries were offered visa on arrival, making visiting Pakistan easier. The country received an influx of travel vloggers, who promoted the characteristics of the country, such as in the Northern Pakistan, like Hunza and Skardu.

<span class="mw-page-title-main">Hashoo Group</span> Pakistani business conglomerate

Hashoo Group is a Pakistani conglomerate company which is active in hospitality, oil and gas sectors. It was founded in 1960 by Saddaruddin Hashwani in Karachi.

In 2007, 34 terrorist attacks and clashes, including suicide attacks, killings, and assassinations, resulted in 134 casualties and 245 injuries, according to the PIPS security report. The report states that Pakistan faced 20 suicide attacks during 2007, which killed at least 111, besides injuring another 234 people. The PIPS report shows visible increase in suicide attacks after the siege of Lal Masjid.

In 2009, Pakistan suffered 50 terrorist, insurgent and sectarian-related incidents that killed 180 people and injured 300.

This is a list of terrorist incidents in Pakistan in 2012. Pakistan has faced numerous attacks by insurgents as a result of the ongoing War in North-West Pakistan by the Pakistani military against militant groups, part of the War on Terror. At the same time, there have also been numerous drone attacks in Pakistan carried out by the United States which exclusively target members of militant groups along the Afghan border regions.

This is a list of terrorist incidents in Pakistan in 2014.

This is a list of terrorist incidents in Pakistan in 2016. Pakistan was the 10th most dangerous country by criminality index in 2016.

Terrorist incidents in Pakistan in 2017 include, in chronological order:

Operation Radd-ul-Fasaad is a codename of a combined military operation by the Pakistani military in support of local law enforcement agencies to disarm and eliminate the terrorist sleeper cells across all states of Pakistan, started on 22 February 2017. The operation is aimed to eliminate the threat of terrorism, and consolidating the gains of Operation Zarb-e-Azb which was launched in 2014 as a joint military offensive. It is further aimed at ensuring the security of Pakistan's borders. The operation is ongoing active participation from Pakistan Army, Pakistan Air Force, Pakistan Navy, Pakistan Police and other Warfare and Civil Armed Forces managed under the Government of Pakistan. More than 375,000 operations have been carried out against terrorists so far. This operation has been mostly acknowledged after Operation Zarb e Azb.

<span class="mw-page-title-main">2020 Pakistan Super League</span> Cricket tournament

2020 Pakistan Super League was the fifth season of the Pakistan Super League, a franchise Twenty20 cricket league which was established by the Pakistan Cricket Board (PCB) in 2015. It started on 20 February 2020. The league was held entirely in Pakistan for the first time. Karachi Kings won their first title after defeating Lahore Qalandars by five wickets in the final.

Terrorist incidents in Pakistan in 2019 include:

The 2019 Quetta bombing was a suicide bomb attack on an open marketplace in Quetta, Pakistan on 12 April, killing 21 people. The bombing took place near an area where many minority Shiite Muslims live. At least ten Hazara, including nine Shiites, were among the dead. Two paramilitary soldiers were also killed in the bombing. PM Imran Khan expressed condolences for the lives lost, directed the authorities to ensure the best medical treatment for the injured, and ordered an increase in security for Shiites and Hazara people. Lashkar-e-Jhangvi and ISIL later accepted responsibility for the attack, stating that "their target were Hazara people."

Pakistan Super League (PSL) is the highest level of domestic Twenty20 cricket in Pakistan. The league is owned by the Pakistan Cricket Board and its first season was played in 2016. The league, when it started, included five teams: Karachi Kings, Quetta Gladiators, Peshawar Zalmi, Islamabad United, and Lahore Qalandars. The third season of the league in 2018 saw the inclusion of Multan Sultans as the sixth team to compete in the tournament. The league has been organized every year since its first season and all the teams have won the trophy at least once. The first season of the PSL was won by Islamabad United, who were captained by Misbah ul Haq, who was also the captain of the Pakistan national cricket team at that time. Lahore Qalandars are the current champions of the PSL.

References

  1. 1 2 3 4 5 6 "PSL Annual Report 2023" (PDF). psl.com.pk. Retrieved 30 November 2023.
  2. "Hotels And Resorts". www.pchotels.com. Retrieved 2016-06-18.
  3. "Hospitality & tourism: Hashoo Group seeks to expand budget hotel chain - The Express Tribune". The Express Tribune. 2012-08-05. Retrieved 2017-02-27.
  4. "Hashoo Group To Launch PC LEGACY Hotel In Hunza". The Nation. 26 Feb 2021. Retrieved 14 July 2022.
  5. "Pearl Continental Hotel Karachi". www.pchotels.com. Retrieved 2016-06-18.
  6. "Luxury hotels plan expansion in Pakistan". www.thenews.com.pk. Retrieved 2016-06-18.
  7. Web Archive taken from original
  8. Original taken from Archive
  9. Archive from Original
  10. "Armed militants storm luxury hotel in Pakistan attack". The Guardian. 11 May 2019.
  11. "5 people killed in Gwadar PC hotel attack; army concludes clearance operation". Dawn. May 12, 2019.
  12. "Pakistan attack: Gunmen storm five-star hotel in Balochistan". BBC. 12 May 2019.
  13. "Pakistan military says five killed in hotel attack in Gwadar". Al Jazeera. 12 May 2019.
  14. "Gwadar PC operation. Security Forces have completed clearance operation at PC Gwadar". www.ispr.gov.pk. Retrieved 2019-05-26.
  15. "PEARL CONTINENTAL HOTEL ROOF COLLAPSES". ARY NEWS. Retrieved June 18, 2022.
  16. "Death toll in Karachi's Pearl-Continental Hotel roof collapse rises to two". Dawn News. Retrieved June 18, 2022.
  17. Dawn (2017) Pakistan: The lesser-known histories of an ancient land by Nadeem F. Paracha