This is a comprehensive research report that was presented to a potential business enterprenuer interested to invest heavily in the tourism and hospitality sector of Pakistan.
The Hotels segment will keep its pole-position among the
Travel & Tourism segments, when it comes to revenues and
user penetration rate. Surveys show that Hotels are, especially
for Asian tourists, without doubt the most popular segment of
the Travel & Tourism market.
Hotel sector is a branch of Hospitality Industry
that caters to the Lodging needs of the
customers on a temporary basis and hence by
definitions this generally excludes permanent
accommodation needs. There are different
classifications of hotels based on the services,
size, functions, ratings and costs broadly
categorized into five types as shown by the
figure on the right.
Based on the transient nature of accommodation
services, the close integration of the hotel and
lodging industry with travel and tourism is
natural.
Published:July 26, 2023