Special Committee Formed to Decide Roosevelt Hotel Fate

Discuss issues and news related to PIA, Pakistani airlines and Pakistan's civil & military aviation.
Post Reply
User avatar
Abbas Ali
Site Admin
Posts: 52153
Joined: Thu Aug 05, 2004 6:52 pm
Location: Pakistan
Contact:

Special Committee Formed to Decide Roosevelt Hotel Fate

Post by Abbas Ali »

According to news sources:

Image
Urdu daily "Awaz" (January 24, 2022, edition)

Federal Government has formed a special committee to decide the fate of The Roosevelt Hotel New York City owned by Pakistan International Airlines (PIA) subsidiary PIA Investments Limited (PIAIL).

The four-member committee is headed by Chairman Planning Commission. Members of the committee include Federal Secretary Finance, Secretary Aviation and Secretary Law & Justice. The committee will work under a mandate and TORs advised by the government.

Four tasks given to this committee include:
  1. Hotel furniture, fixtures, equipment etc. disposal.
  2. Solving hotel employees payments/pension matters.
  3. Guide PIAIL on any landmark decision.
  4. Look after hotel's financial and administrative matters till the final decision on hotel's fate.
Abbas
Dil Dil Pakistan... Jaan Jaan Pakistan

See you at:
Image
User avatar
Abbas Ali
Site Admin
Posts: 52153
Joined: Thu Aug 05, 2004 6:52 pm
Location: Pakistan
Contact:

Re: Special Committee Formed to Decide Roosevelt Hotel Fate

Post by Abbas Ali »

Image

The Roosevelt Hotel New York City owned by Pakistan International Airlines (PIA) subsidiary PIA Investments Limited (PIAIL).

The Roosevelt Hotel (https://www.theroosevelthotel.com) closed its doors in December 2020 with following message:

"We thank you all for letting us be part of the very best of New York for the last 100 years."

Image

Image

Abbas
Dil Dil Pakistan... Jaan Jaan Pakistan

See you at:
Image
Post Reply