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 – […]

Collier Property Report – Yangon Upper Scale Hotel Market 2H2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Surge in upper-scale hotel supply leads to further headwinds The upper-scale hotel market expanded noticeably in 2015 to end with more than 3,500 rooms. The number is expected to double in the next four years on the back […]

Daewoo Amara Hotel – the biggest hotel project in Myanmar

The Daewoo Amara Hotel aims to be Myanmar’s largest hotel complex when it opens its doors in 2016, according to company officials. The projects spans two high-class hotels on Sin Phyu Shin Avenue near Inya lake in Kamaryut township at a cost of more than US$200 million – or about $300,000 for every one of […]