Global airfares, hotel rates to rise in 2019: industry forecast

The CWT/GBTA 2019 forecast said the rise in hotel rates would be driven by an increased demand for air travel, which would fuel demand for rooms. Room rates are expected to rise by more than 5 percent in Asia and Europe, by 2.1 percent in North America and to fall by 1.3 percent in Latin America

China, a popular foreign destination for Pakistani students

Around 22,000 students from Pakistan are currently studying in the country, according to the Pakistani Embassy in China

Draft ferry policy to be submitted for approval in next cabinet meeting

As per this draft policy, no duty and taxes would be applicable on ferry services and on the procurement of a ship for introducing the service in Pakistan

Pakistan’s air traffic growth far below IATA’s projection

KARACHI: Far from near double-digit growth projection by International Air Transport Association (IATA), Pakistan’s domestic air traffic increased by 3 per cent in fiscal...

Pearl Continental to start operations at Malam Jabba Ski Resort

 ISLAMABAD: Hashoo Group announced the signing of a management contract between its subsidiary Pakistan Services Limited and Samsons Group of Companies (PVT) Limited, which...

Travel and tourism contribution to reach Rs986 bn this year

The travel and tourism sector contributed Rs930.9 billion, that is 2.9 per cent of Pakistan’s gross domestic product (GDP), in 2017 and is forecasted...

Pakistan Biggest Auto Show 2018 concludes with a huge turnout of 300,000 visitors

 LAHORE: The Pakistan Auto Show 2018 concluded at the Expo Centre in Lahore. The three-day grand event, organised by the Pakistan Association of Automotive Parts...

Reduction in hotel fares to boost tourism, trade in Pakistan: Turkish Counsel General 

KARACHI: Turkey’s newly appointed Counsel General in Karachi, Tolga Ucak said that Pakistan needs to increase the number of quality hotels and more importantly,...

Bosnian Ambassador urges business community to explore opportunities in Bosnia

KARACHI: The Ambassador of Bosnia and Herzegovina Sakib Foric has urged the business and industrial community of Karachi to explore investment opportunities in Bosnia and Herzegovina...

President for expanding trade ties with Jordan

ISLAMABAD: President Mamnoon Hussain Wednesday while stressing the significance of trade between Pakistan and Jordan, said regular exchange of trade delegations could play a...

3 men show how to successfully mix business with pleasure

Abandoning jobs mid-career is something that the less adventurous abhor. After all who would want to leave the safety of a job with a...

Pak-China CPEC Cultural Caravan to boost tourism: MD PTDC

ISLAMABAD: Pakistan Tourism Development Corporation (PTDC) Managing Director (MD) Abdul Ghafoor, on Sunday, said that Pakistan and China’s joint cultural caravan will boost cultural tourism...

Railways set to re-launch Kohat Rail Car on January 25

RAWALPINDI: Pakistan Railways (PR) will re-launch Kohat Rail Car on January 25 and all arrangements in this regard are being finalised.Earlier, PR had announced to...

Etihad exempted from laptop ban for US bound flights

Abu Dhabi: At Abu Dhabi International Airport, travelers bound for the United States on Tuesday enjoyed something many others flying out of the Middle...

Qatar dispute with Gulf countries hurting international businesses

Doha/Dubai: International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbors as it delays shipments, lengthens travel times and...

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MoF to seek cabinet’s approval over appointment of NBP chief

ISLAMABAD: The Ministry of Finance (MoF) is considering approaching the federal cabinet over the appointment of Arif Usmani as National Bank of Pakistan (NBP)...