Hashoo Group


Hashoo Group is a Pakistani conglomerate company which is active in hospitality, oil and gas sectors. It was founded in 1960 by Saddaruddin Hashwani in Karachi.

History

Hashoo Group was established in 1960 as Hassan Ali & Company, a commodities trading company based in Karachi Port. By the 1970s, it had become one of Pakistan's largest trading companies. However, in 1972, Government of Pakistan nationalised cotton and rice exports leading the Hashoo Group to diversify into hospitality sector. In 1978, the group established Holiday Inn Hotel in Karachi, and then another one in Islamabad in 1981. Both of the hotels were converted into Marriott brand in the 1990s. In 1985, the group made a successful bid for the majority shares of Pakistan Services Limited, which then owned four Inter-Continental Hotels across Pakistan, the hotels were re-branded into Pearl-Continental Hotels.
In 1995, Hashoo Group acquired the US-based corporation Occidental Petroleum's Pakistan operations. In 2001, it acquired the Destinations of the World franchise in Pakistan. In 2012, the group launched Hotel One, a mid range hotel chain in Pakistan.

Companies

Tours and travels