First Female Myanmar 5 Star Hotel GM: ‘If They Can Do It, Why Can’t We?’

In early 2014, May Myat Mon Win became the general manager of the Chatrium Hotel Royal in Yangon, making her Myanmar’s first female head of a five-star hotel. Humble and energetic, skilled and passionate, May Myat Mon Win spoke with The Irrawaddy about what it takes to make it in Myanmar’s booming hospitality sector and […]

Investment in hospitality sector soars

As of October 2014, there are 1,076 hotels throughout Myanmar, and two-thirds of them are in Yangon, Mandalay and Shan State, according to Ministry of Hotels and Tourism. Mandalay Region has the largest share with 329 hotels, followed by Yangon with 279 and Shan State, 200. Types of hotels in Myanmar vary. Some are funded […]

Myanmar’s hotel investment falls short

YANGON, 16 December 2013: As Myanmar’s gateway Yangon moves rapidly towards the 1 million annual visitor milestone, investment in the country’s hospitality sector has fallen well short of forecasted growth. To date a disconnect between the expectations of the private sector and the ability of the government to broadly implement free market reforms remains at […]

Speculation-driven land prices stunting Myanmar hospitality sector

Though Yangon is moving rapidly towards the milestone of a million visitors a year, investment in Myanmar’s hospitality sector has fallen well short of forecast growth, mainly because of speculation-driven land prices. According to a report by consultancy C9 Hotelworks, foreign direct investment into hospitality assets remains sidelined in many cases with concerns over the […]