Long time back I use to work at Roosevelt Hotel it’s one of the finest hotel of NYC if PIA wants to make it more profitable they should look into get a new management company. Interstate is a good company but Roosevelt is over staff plus management fee is on the higher end , nothing wrong in looking for another option

Shahid Khaqan Abbasi says the hotel carries "cultural significance for Pakistan", and cut-rate rooms for Pakistan's VIPs.

Dont sell it because numerous attempts have been made by previous politicians who held office and wanted to buy out this hotel for scraps. Its impossible to make a loss on this and if you are making a loss then perhaps look into it. Maybe the management is not doing a good job or our usual VIP culture is eating away profits. Same case with other properties that PIA owns around the world, many politicans tried to sell it for scraps but it was thawed by few employees and they were fired. No amount of money can help this country unless you weed out corruption and VIP culture. We havent learned anything in the past 60 years. Its also impossible to make a loss at NY station but they closed it overnight. The country manager in NY was never a marketing person and had no idea how to run the affairs. Additionaly, it was overstaffed which resulted in lower profits. Airplane was another issue because for 36 hours PIA would have one less airplane. These factors led to lossess which are avoidable.