Recently, we have heard the news of New Luxury Hotels in Islamabad. The federal capital is a perfect place for residents, tourists, overseas Pakistanis, and foreign businesses. The city is a hot destination for every category due to its beauty, natural landscapes, balanced weather, infrastructure, and security measures. These factors have increased the city’s population, business growth, and real estate projects, including shopping malls, mixed-used highrises, and New Luxury Hotels in Islamabad.
Why We Need New Luxury Hotels in Islamabad?
According to the CDA resources; currently, there are 4000 luxury rooms available per night, however, the need is for 8000 rooms. Some of the top-rated hotels in Islamabad include;
- Islamabad Serena Hotel
- Best Western Premier Hotel
- Islamabad Marriott Hotel
- Ramada by Wyndham Islamabad
- Islamabad Hotel
- SAB Hotel & Residences
- Grand Islamabad Hotel
- Crown Plaza Hotel
- S Chalet Islamabad
- Bella Hotel
- Gofas Lodges
- STS Smart Suites
- IFQ Hotel & Resort Islamabad
- Jacaranda Family Club
- Hotel Grand Arena
- Margalla Hills Residency Islamabad
- Avari Xpress Residencies
- Safari Club 1
- Infinity Villa Exclusive
Therefore, to fulfill the need for luxury accommodation in Islamabad, the Capital Development Authority (CDA) has proposed the construction of two new luxury hotels in sector F-5. Different models will be presented to the Federal Cabinet including freehold rights, lease rights, and public-private partnership mode.
What Is The Location of New Luxury Hotels in Islamabad?
Islamabad is one of the most beautiful capitals in the world, with an area of 906.5 square km, the city offers a variety of locations to develop resorts and luxury hotels. However, to provide luxury accommodation to diplomats and high-profile visitors, CDA has suggested some important locations to construct New Luxury Hotels in Islamabad. Plot No. 6 near PNCA and Plot No. 8 at the backside of the Marriot Hotel are premium localities for high-end hospitality services to tourists, foreign delegates, and ambassadors. Plot 6 is 4.51 acres and Plot 8 is 3.73 acres in size.
Benefits of New Luxury Hotels in Islamabad
Currently, the city has only two 5-star hotels however to accommodate the inflow of tourists who stay in the capital during their visits to northern areas, there is a crucial need for New Luxury Hotels in Islamabad. Therefore, the CDA plans to develop more staycation destinations to fulfill the growing demand.
Islamabad has great potential for hospitality and these initiatives can also attract more money. Recently, Saudia Arabia has also shown interest to invest upto $5 Billion in these projects. This will create more opportunities for foreign direct investments (FDI), and business collaborations, to boost the economy and generate revenues.
Pakistan is an evolving region for real estate investments due to the growing need for housing units, hospitality, and commercial projects. Click here to learn the best cities to invest in Pakistan. Recently, the Pakistani-owner UK real estate group One Homes has brought a total of $435 million in investment to Pakistan to develop serviced apartments and luxury living projects in the country. Private-public partnerships and easy policies can make Pakistan a top real estate industry in the region.
First 5-Star Holiday Inn Hotel Coming Soon on GT Road Islamabad
To fulfill the demand for luxury accommodation in the twin cities, MGC Developments has signed an agreement with the IHG group to build an exquisite opulent hotel on GT Road, along DHA-II, Islamabad. This new project will help inter-city travelers have a comfortable and high-end stay during their journey of business, tourism, or diplomatic missions. The Holiday Inn hotel project by MGC will drive more international investments to Pakistan, thus helping the hospitality industry grow and expand. Learn everything about this historic development by clicking on this link: 1st Luxury Holiday Inn Islamabad Hotel signed by MGC.
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