Pan Pacific

Colliers Property Report: Yangon Upper-Scale Hotel Q2 2017

August 31, 2017 by thiha

Creative Solutions Needed In a Challenging Market Landscape The sizeable rise in new supply is now taking a toll on Yangon’s upper-scale hotel market. Despite previous attempts to reduce ADRs, occupancy levels continue to trend downward. Colliers recommends developers to rethink with creative strategies and focus instead on enhancing the overall experiential value. Forecast at […]

Filed Under: Featured Stories, Property Report Tagged With: Belmond’s Governor Residence, Bogyoke Road, Hotel Lotte & Serviced Apartments, Kempinski, Malaysia, Marriott International’s foray, Melia hotel, Novotel Yangon MAX, Pabedan and Kyauktada townships, Pan Pacific, ParkRoyal, Peninsula Yangon, Pullman Yangon Centrepoint, singapore, State House, Strand Hotel, strand road, Sule Pagoda Road, Sule Shangri-La, Vietnam, Yangon, Yangon’s upper-scale hotel market, Yoma Central

Yangon’s Vietnamese development lands Melia hotel

May 5, 2015 by thiha

Spanish hotel chain Melia Hotels International signed a deal yesterday that will place a five-star Melia brand hotel at a prominent Vietnamese-owned development. The Melia Hotel Yangon will be part of the mixed-use Hoang Anh Gia Lai (HAGL) Myanmar Centre next to the Sedona Hotel near Inya Lake. HAGL Group chief executive Vo Thuong Son […]

Filed Under: Latest News Tagged With: Accor, Asia-Pacific region, Bernardo Cabot, Cao Duy Thinh, HAGL, Hilton, Hoang Anh Gia Lai, Hotels and Tourism, Inya Lake, Kempinski, Melia Hotels International, Myanmar, Pan Pacific, Rowsley, Sedona Hotel, Spain, Spanish hotel chain, The Melia Hotel Yangon, The Myanmar Times, U Htay Aung, Vo Thuong Son, Wyndham

Upper Scale Hotel Market in Yangon 4Q, 2014

February 24, 2015 by thiha

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Upper Scale Hotel Market 4Q 2014 Planned influx of foreign operators as tourism sector continues to grow The number of upper-scale hotel rooms in Yangon is expected to grow significantly as over […]

Filed Under: Featured Stories Tagged With: Accor, ADR, average daily rate, Centerpoint Grand Hotel, Colliers International, Foreign Companies, HAGL Myanmar Centre, Hilton, Kempinski, Luxury Hotel, Novotel, Pan Pacific, property research report, Pullman, Research & Advisory, Researcher, RevPAR, Rose Garden Hotel, Shwe Taung Group, tourism sector, Upper Scale Hotel Market

Hotels rush to grab a piece of Myanmar market

February 24, 2014 by thiha

YANGON- 300,000 visitors in 2010, one million tourists in 2012, two million last year and most probably three million in 2014. By adding a million foreign visitors, the country is in desperate need for more accommodation for visitors. The Myanmar Investment Commission granted last year permission for about $US2 billion of investment into hotels and […]

Filed Under: Latest News, Property Report Tagged With: $US2 Billion, Accommodation, Accor Asia Pacific, Best Western, Complete Lifting, economic sanctions, European Union, Granted, Green Hill Hotel, Hilton, Hotels and Tourism Related Projects, Myanmar investment commission, Novotel Inle Lake Myat Min, Novotel Mandalay Mingalar, Novotel Yangon MAX, Pan Pacific, Peninsula Hotels, Pullman Hotel, Shangri-La, USA, Visitors