Pearl Continental
Pearl Continental Owner Clarifies Hotel Business Split Rumors
Pakistan Services Limited, the owner and operator of Pearl Continental Hotels, has addressed reports circulating on social media about a possible split of its hotel business. The company has denied having any knowledge of the reported development, saying it had not received information regarding an alleged breakup of the business. In a clarification submitted to […]
PC Hotels May Be Divided Between Thatta Cement and Fauji Foundation Under Proposed Settlement
Pakistan Services Limited (PSL), the company behind Pakistan’s Pearl Continental (PC) hotel chain, could see five of its hotel properties divided between Thatta Cement and Fauji Foundation under a proposed out-of-court settlement. The potential arrangement comes after more than a year of legal disputes involving ownership and voting rights in Pakistan Services. The dispute centers […]