Meliá Yangon Hotel Opens in Myanmar

YANGON, MYANMAR — Meliá Hotels International has opened the Meliá Yangon, the first hotel operated by the brand in the country and a strategic project for its expansion strategy in the Asia Pacific region. Yangon is the country’s largest city and remains the biggest commercial center and main transit hub of the country, as well […]

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

After Partner Bows Out, HAGL Considers Working Alone

Vietnam’s Hoang Anh Gia Lai (HAGL) Group will currently not search for investment partners and will continue to operate on its own investments, the company’s chief executive Vo Truong Son said. “We are going to operate with our own investment and will not spend resources searching for additional investors. In the future, we will welcome […]

Hotel investment reaches US$2.7bn

Foreign investment in the hotel sector has reached US$2.7 billion, Htay Aung, minister for hotels and tourism, said at a cooperation signing ceremony between Hoang Anh Gia Lai Myanmar and the Spain-based Melia Hotels International. “There are 47 hotels invested by foreign investors,” he said. Hotel investment is largely coming from Singapore, Vietnam, Thailand, Hong […]

Melia enters Myanmar with maiden Yangon hotel

MELIÁ Hotels International has signed an agreement with Vietnam’s Hoang Anh Gia Lai (HAGL) Group on April 30 to manage the five-star Meliá Yangon. Owned by HAGL, the 429-room hotel will be part of the mixed-use Hoang Anh Gia Lai Myanmar Centre and is one of HAGL’s largest real estate projects, with a total investment […]

Yangon’s Vietnamese development lands Melia hotel

Spanish hotel chain Melia Hotels International signed a deal yesterday that will place a five-star Melia brand hotel at a prominent Vietnamese-owned development. The Melia Hotel Yangon will be part of the mixed-use Hoang Anh Gia Lai (HAGL) Myanmar Centre next to the Sedona Hotel near Inya Lake. HAGL Group chief executive Vo Thuong Son […]