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Hotel expansion continues in Yangon

More hotels are on the way in Myanmar’s commercial capital, Yangon, despite a sluggish tourism performance over the last two years due to the on-going Rohingya crisis. Developers at the luxury end of the market appear undeterred by the drop in European tourists believing business and luxury travel segments will continue to grow. But tour […]

Accor flies Mercure flag in Yangon

YANGON, 26 April 2018: After an extensive renovation, AccorHotels officially raised the first Mercure flag over a property in Myanmar’s commercial capital last week. Unofficially, the former Micas Hotel Apartments was rebranded Mercure Yangon Kaba Aye in the third quarter of 2017 and remained open for business, during a renovation that ended in March. Last […]

New Investment Law Authorises First Project Led by Japanese Hotel Chain

The Japan-based Hotel Okura will open its first hotel in Myanmar with the help of Japan’s government-private fund in 2020, according to the company’s press release dated July 28. Construction of Okura Prestige Yangon will commence this year and is expected to complete by 2020. Okura Prestige Yangon will be the company’s first project in […]

AccorHotels & LP Holding Partnership Brings Three New Hotels to Myanmar

NEW DELHI: AccorHotels and LP Holding have signed a joint agreement to develop three new hotels in Myanmar. The partnership will see the opening of Mercure Mandalay Hill Resort in the second quarter of this year and the development of Pullman Yangon Centrepoint and Mandalay Hill Resort MGallery by Sofitel slated to open in 2017 […]

Push to lure more luxury tourists to Myanmar

MYANMAR’S public and private sectors must join forces to turn the country into a popular destination for high-end travellers, as rich cultural and natural resources could boost tourism income from just 5 per cent of gross domestic product at present, industry figures have said. Panellists at the Hospitality and Tourism Conference Myanmar last week agreed […]

AccorHotels plans six new properties in Myanmar

French group AccorHotels is planning to build six new properties in Myanmar by 2019 – in Yangon, Mandalay and Shan State’s Muse and Inle Lake . This would take its Myanmar portfolio to nine hotels, demonstrating considerable confidence in the future of the country’s nascent tourism industry. The Ministry of Tourism targets 6 million international visitors to […]