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
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
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