Global GDP growth, healthy travel and tourism trends pave the way for continued positive hotel operating performance and investment prospects. Our new outlook report seeks to give you global insight into the 2018 hotel and hospitality investment market. For the 6th successive year, growth in Travel, Tourism & Hospitality outpaced that of the global economy; the average occupancy rate has increased, Average Hotel Room Rent Goes Up according to an expert 5 or 7-star hotels are now selling a room up to Rs 15000 per day. Earlier, this rent at average was around Rs 6000. Hotel Industry taking the momentum as the 2018 election are conducted in an overall positive manner. And Pakistan could expect a change at economic, political front and in international relations.
Avari Hotels Group is also planning to build its new branches in Multan. Faisalabad, Murree and set up two more hotels in Lahore in the next year. Luxury hospitality is a fast-growing market, especially with the growth of tourism and travel industry. The worldwide travel & tourism industry continued to see strong growth throughout 2015, and international tourist arrivals are predicted to grow by 3-4% per year, to reach 1.8 billion in 2030. CPEC, IMF Economic Reforms GSP by the European Union are leading to Growth of Hotel Industry, and Infrastructure Investments Reviving Hospital Industry as the China-Pakistan Economic Corridor (CPEC) has given a healthy boost to Pakistan’s fragile hospitality industry as new hotels, and guest houses are emerging in different parts of the country.
A POSITION-PERFECT Luxury Hotel FOR Every Event
Whatever your business is, a sophisticated 4-star luxury hotel in Downtown Gulberg would be ideal for holding corporate events, exhibits, and entertainment, a hotel where a wide variety of modern meeting and conference rooms, are available to conduct high-end first-class corporate events.
A Luxury Hotel Room in Downtown Gulberg – Excellent Passive Income
Home to the vast majority of domestic and Global brands in Lahore, sophisticated and upscale
Downtown Gulberg III also boasts a wealth of luxury hotels, excellent dining restaurants, and some of the city’s most stroll-worthy streets. Liberty Market, MM Alam Road, Jam-e-Shirin Signature Garden are only a stone’s throw, and some of City’s best shopping is nearby as well.
Investment in Hotel Rooms is Sound, Secure & Promising
Although it can be lucrative to invest in individual hotel rooms, there are also some downsides, like address not being appeal-able to tourists, people in business, domestic and international travelers. Advantages of investing in hotel rooms first of all its 100% risk-free and guarantee. Investors signing a contract with a fixed rate of return do not assume any risks about the management of the hotel. That’s why it’s always an excellent choice to buy a room in a luxury hotel in downtown Gulberg Lahore.