Collier Yangon Hotel H1 2016 Review

Correction in ADR observed amid rising competition The hotel market in Yangon is currently in a state of rapid transition with supply rising to unprecedented levels. Colliers expects competition to further build up, and the correction in ADRs to be more pronounced in the near to medium term. Forecast at a glance   Demand – […]

Netherlands to Aid Myanmar in Tourism Development

Myanmar will get monetary assistance from the Netherlands to develop its tourism sector, officials said. It was revealed at a meeting between the Ministry of Hotels and Tourism and the Centre for the Promotion of Imports from Developing Countries (CBI) and the International Trade Centre (TIC) of Netherlands. The cash assistance of the Netherlands Trust […]