Pearl-Continental Hotels & Resorts
Pakistan hotel chain
Pakistan Services Limited, trading as Pearl-Continental Hotels & Resorts (also abbreviated to PC Hotels), is a Pakistani hotel chain based in Islamabad. It owns properties in Karachi, Lahore, Rawalpindi, Bhurban, Muzaffarabad and Malam Jabba, and under construction in Multan, Attabad Lake, Sukkur, and Mirpur.
History
Pakistan Services Limited was originally founded as a state-owned company in 1958. Later, it came under the ownership of Haroon family.
The first Pearl-Continental Hotel (Intercontinental Hotel at the time - part of an international chain) in Karachi was inaugurated by President Muhammad Ayub Khan on 10 May 1964 and was the first five-star hotel in Pakistan. It was a member of the Leading Hotels of the World for over a decade. A new hotel was built for Lahore and Rawalpindi in 1967 with another branch opening in Peshawar in 1975.
In 2021, Hashoo group also launched a chain of four-star hotels under the brand name PC Legacy. The PC Legacy Naran is functional and operating in Naran and another opened in Nasirabad, Hunza in 2023.
AKD-led consortium buys majority stake
Two firms, Dawood Jan Muhammad and AKD Holding, have collectively acquired approximately 56% of the shares in Pakistan Services Limited (PSL), the company that owns and manages the Pearl Continental Hotels chain.
Begin with the source’s own compact description: “Pearl-Continental Hotels & Resorts” is pakistan hotel chain. The dossier treats that line as a proposition to test through Pearl-Continental, Hotels and Resorts, not as a finished interpretation.
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This entry incorporates text from “Pearl-Continental Hotels & Resorts” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.