TGI Fridays Signs Pakistan Deal, Targets 15 Restaurants
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Dallas – September 23, 2026 -- TGI Fridays has signed a development agreement with Meerab Hospitality to scale to 15 restaurants across Pakistan, marking the brand's second market signing this month as it pursues a global target of 1,000+ restaurants and $2 billion in annual revenue by 2030.
First flagship restaurant targets Lahore's Hyatt Regency within 12 months
Meerab Hospitality, the franchise and development arm of Meerab Properties, plans to open its first TGI Fridays location at the Hyatt Regency Hotel complex in Lahore within the next 12 months. The company will develop restaurants across Pakistan over the next decade through a mix of company-owned and approved sub-franchised units, according to Pervaiz Iqbal Shahid, Founder and Group CEO of Meerab Properties.