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Foreign investment in Pakistan’s hotel industry

  Movenpick hotels & resorts plans 100 hotels open around the world by 2015 Movenpick Hotels & Resorts, which has acquired Sheraton Hotel Karachi, has unveiled a major renovation and refurbishment plan for the Karachi property, which was reflagged as Movenpick Hotel Karachi on January 1, 2014. The announcement was made at a press conference addressed by Mr. Andreas Matmoller, Chief Operating Officer, Middle East and Asia, Movenpick Hotels & …

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