CCOC to take up privatisation of PIA hotel in New York<\/a><\/p>\n\n\n\nPIA Investment Limited Managing Director Najeeb Sami revealed that the hotel, which had been profitable in the past, had recorded losses worth USD 1.5 million last year. He was of the opinion that running the entire hotel was not profitable for the PIA anymore, and that it should be converted into offices and hotels. He also informed the committee that it has been decided that the hotel should be leased for a long-term period.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)’s Roosevelt Hotel in New York City \u2014 a news source reported. Read: Govt decides to redevelop, run PIA\u2019s Roosevelt Hotel through JV The meeting of the NA committee was chaired by Syed Mustafa Mahmud and it was briefed on the performance of the PIA, PIA (Investment Limited), and the Roosevelt Hotel, New York. The matter of privatization was also discussed. Read: CCOC to take up privatisation of PIA hotel in New York PIA Investment Limited Managing Director Najeeb Sami revealed that the hotel, which had been profitable in the past, had recorded losses worth USD 1.5 million last year. He was of the opinion that running the entire hotel was not profitable for the PIA anymore, and that it should be converted into offices and hotels. He also informed the committee that it has been decided that the hotel should be leased for a long-term period.<\/p>\n","protected":false},"author":57,"featured_media":68072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[34776,24718,33449,34777],"persona":[],"class_list":{"0":"post-68069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-donald-trump","9":"tag-pakistan-international-airlines-pia","10":"tag-roosevelt-hotel","11":"tag-trump-expresses-interest-in-acquisition-of-pia-roosevelt-hotel","12":"cat-15016-id"},"acf":[],"yoast_head":"\n
Trump expresses interest in acquisition of Roosevelt Hotel - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)'s Roosevelt Hotel in New York City \u2014 a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump expresses interest in acquisition of Roosevelt Hotel - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)'s Roosevelt Hotel in New York City \u2014 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-16T09:38:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-16T09:45:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump expresses interest in acquisition of Roosevelt Hotel - Zameen News","description":"Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)'s Roosevelt Hotel in New York City \u2014 a news source reported.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html","og_locale":"en_US","og_type":"article","og_title":"Trump expresses interest in acquisition of Roosevelt Hotel - Zameen News","og_description":"Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)'s Roosevelt Hotel in New York City \u2014 a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-07-16T09:38:19+00:00","article_modified_time":"2020-07-16T09:45:56+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg","type":"image\/jpeg"}],"author":"Muhammad Farhad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Farhad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9"},"headline":"Trump expresses interest in acquisition of PIA’s Roosevelt Hotel","datePublished":"2020-07-16T09:38:19+00:00","dateModified":"2020-07-16T09:45:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html"},"wordCount":190,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg","keywords":["Donald Trump","Pakistan International Airlines (PIA)","Roosevelt Hotel","Trump expresses interest in acquisition of PIA Roosevelt Hotel"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html","url":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html","name":"Trump expresses interest in acquisition of Roosevelt Hotel - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg","datePublished":"2020-07-16T09:38:19+00:00","dateModified":"2020-07-16T09:45:56+00:00","description":"Islamabad: Top PIA officials, while addressing the National Assembly (NA) Standing Committee on Privatization on Wednesday, revealed that United States (US) President Donald Trump had expressed interest in acquiring the Pakistan International Airlines (PIA)'s Roosevelt Hotel in New York City \u2014 a news source reported.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/07\/US-President-Trump.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/trump-expresses-interest-acquisition-roosevelt-hotel.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Trump expresses interest in acquisition of PIA’s Roosevelt Hotel"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9","name":"Muhammad Farhad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","caption":"Muhammad Farhad"},"description":"Muhammad Farhad is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/farhad-hassan"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/68069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=68069"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/68069\/revisions"}],"predecessor-version":[{"id":68070,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/68069\/revisions\/68070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/68072"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=68069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=68069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=68069"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=68069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}