Hotel and Restaurant Industries of Pakistan: Opportunities and Market Dynamics

Abbas Moosvi and Syed Talha Ali
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Abbas Moosvi: Pakistan Institute of Development Economics
Syed Talha Ali: Pakistan Institute of Development Economics

No 2022:76, PIDE Knowledge Brief from Pakistan Institute of Development Economics

Abstract: The tourism and hospitality industry has been rising in significance in Pakistan over the past few years, contributing 5.9% to national GDP and generating 3.8 million jobs in the year 2019. In terms of growth rates, this industry expanded by 3.5% in the same year, compared to the 2.5% expansion of the Pakistani economy as a whole. Considering the general growth of the tourism and hospitality industry of Pakistan, the Pakistan Institute of Development Economics carried out a series of focus group discussions and collected data via questionnaires with key stakeholders in the restaurant and tourism sectors � two of the primary contributors to the hospitality and tourism industry � to ascertain salient bottlenecks in these markets and how they can be corrected.

Pages: 8 pages
Date: 2022
New Economics Papers: this item is included in nep-tur
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