Market potential for boutique hotels in Yangon

YANGON: According to industry players, Myanmar’s commercial city, Yangon, should consider repurposing or refurbishing existing buildings into hotels. Many said it will provide the accommodation which is badly needed throughout the city. Frederic Goubet, chairman of The Loft Hotel, said: “We provide a certain answer to the deficit (in accommodation) but we did it with […]

Former MOFA office reopened as business centre

YANGON—The former office of the Ministry of Foreign Affairs on Pyay Road was reopened on Wednesday as a business centre for embassies and companies, according to the Youth Force Hotel Co, which signed the contract with the government to operate the project. The colonial-era building was renovated without changing its architecture at a cost of […]

Public to Be Consulted on Plan to Save Yangon’s Heritage

YANGON — After nearly a year-long discussion and preparation, a proposed regulation to restrict land-use and protect heritage buildings in Myanmar’s former capital will have a public hearing on Tuesday, according to an architect involved in developing the plan. The zoning and land use strategy would govern the height of new buildings and delineate where […]