Pakistan's Roosevelt Hotel in New York shuts down after 94 years
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Pakistan's Roosevelt Hotel in New York shuts down after 94 years
NEW YORK (Dunya News) – New York’s Roosevelt Hotel, which is the property of Pakistan International Airlines (PIA), has finally shut down operations after 94 years. The Hotel’s management has notified New York City administration of the closure.
It is said that the famous hotel was facing financial struggles in recent years, and the situation was worsened by coronavirus restrictions. After the outbreak of the virus, the hotel was operating at a loss. The closure has resulted in 431 employees losing their jobs.