Never Mind...
Here is some info from wikipedia
Prior to Faletti's privatization, the government-owned Pakistan Tourism Development Corporation (PTDC) held 86.8% shares in Faletti's holding company, Associated Hotels of Pakistan (AHP), whereas private investors held the balance 13.2%. Since 1992, AHP hotels, including Faletti's (as well as Flashman's Hotel in Rawalpindi and Cecil Hotel in Murree), were on a 50-year lease to PTDC at an annual lease rental of Rs. 1 million each.[6]
Pakistan's Privatization Commission initiated the privatization process on 21 August 1997[6] and put up the hotel for privatization in April/May 2002.[1] Due to the poor market response, the hotel was again put up for sale in December 2003[1] and was finally privatized in 2004[2] after Four Brothers Marketing (Pvt.) Ltd. put in the highest and successful bid at Rs. 1.211 billion.[13][14]
In February 2006, Four Brothers Marketing (Pvt.) Ltd. sold Faletti's Hotel to a US company, Morganti Group, Inc., based in Abu Dhabi