Shangri-La to invest $115m on new hotel

Hong Kong-based Shangri-La International Hotel Management has announced an investment of US$115 million to build a 350-room Lakeside Shangri-La hotel near Kandawgyi Lake. The hotel, which will be located near the Shangri-La residences that were opened recently, will be the second, after Traders Hotel, to be operated in Yangon by Shangri-La. The ground-breaking ceremony was […]