Kempinski’s property to open in November

Kempinski Hotels, Europe’s oldest luxury hotel company, is banking on activities that Nay Pyi Taw will attract in the years to come, which would ensure success for its first property in the capital city. To start welcoming guests on November 1, Kempinski Hotel Nay Pyi Taw expected that the first clients would be delegates to […]

High hotel rates unlikely to fall

Myanmar’s hotel room rates, which average about US$160 per night, should remain unchanged in the medium term due to the slow completion of new properties and continued influx of visitors, according to New Crossroads Asia. In the recently released report “All That Matters”, the Singapore-based financial advisory firm that focuses on Myanmar said that the […]