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Pakistan’s AKD Group acquires major stake in Pearl-Continental Hotels operator

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Pakistan’s AKD Group acquires major stake in Pearl-Continental Hotels operator

Investment firm buys 27.95% of Pakistan Services Limited in $22.8 million deal

Abu Dhabi hotels see strong growth in guest numbers and occupancy rates

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Abu Dhabi hotels see strong growth in guest numbers and occupancy rates

Non-Arab Asians led with 149,000 hotel guests, followed by 148,000 Europeans and 97,000 UAE nationals