The Pakistan Tourism Development Corporation (PTDC) has announced that around 30 motels will be closing down due to economic repercussions of coronavirus pandemic.
According to PTDC, motels associated with tourism industry have been suffering huge economic losses, as the numbers of tourists visiting northern areas have drastically dropped due to COVID-19 travel restrictions.
Motels’ administrations have been struggling to pay salaries and bear other financial needs, and have been forced to resort to massive layoffs, further increasing unemployment woes haunting the tourism sector in the country.
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According to a PTDC official, the decision has been made by board of governors and the federal government to close down 30 motels to prevent further financial losses.
The official also revealed that the government intends to establish a specialized institution based on international standards, which will specifically address country’s tourism promotion and marketing.
