The Pakistani market is flourishing and changing for the better with each day passing by, be it any industry especially Food Industry HORECA. The market has seen sustainable growth in the food industry and many international franchises as well as are jumping in to get the opportunity. Now that food safety laws are being aggressively implemented which will help both the investor and customer to advance confidence in grasping the prospect.
In 2016, the hotel occupancy increased up to 80% as opposed to 35% in 2015. In the next 5 years, at least 10 new hotels are expected to be established by the world’s renowned hotel chains. These include renowned players such as Hashoo Group, Grand Hyatt, and Sheraton which have all planned expansion in the upcoming years. The Travel & Tourism investment in 2015 was USD 3272 mn. It is expected to rise by 7.6% pa over the next ten years. Business travel spending is expected to grow by 6.5% in 2016 to USD 1908 mn, and rise by 5.6% pa to USD 3277 mn in 2026. Leisure travel spending, on the other hand, is expected to grow by 2.7% in 2016 to USD 10.3bn, and rise by 5.4% pa to USD 17.6 bn in 2026. Pakistanis spend close to $1 billion a year on dining out.
The first edition of HORECA – Hotels, Restaurants & Cafe exhibition will take place on 22-24 October 2019 at Lahore Expo Centre, Pakistan. HORECA will be a leading international exhibition for the provisioning and equipment of Hospitality and Foodservice companies. It will be organized yearly and will bring together Tourism professionals with the supply chain of Hospitality and Foodservice industry
The first edition is being organized by FAKT Exhibitions. Professional exhibition organizers. Be it B2B or B2C, our events connect buyers and sellers in a vibrant business environment. As the value of exhibitions and have grown successfully with the demands of a developing economy. Now that events are more than a trade, it is the bringing together of minds to explore unspoken innovations that elevate human welfare. Because business is all about communication, Fakt believes in the power of the face to face experience to deliver business to our customers. Being strongly supported by, and with the participation of the sector’s major institutional bodies, HORECA will be a great event of high prestige and importance, among the best of its kind in the world
Thousands of professionals from hotels, restaurants, cafeterias, and other Hospitality and Foodservice companies across Pakistan will be visiting the event and looking for new and innovative solutions of the supplying market in order to modernize, equip or renovate their businesses. They can gain insight into the opportunities that exist within the Pakistan market. The investors can seize the opportunity to meet with key figures from both industries and high-level decision makers from the public & private sector. Keep up-to-date with the latest developments in order to continue on the path of expansion and increase the volume of your products and services. Negotiate with local companies to establish a manufacturing base in Pakistan. Promote your brand among industry professionals and end users.