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Hotel occupancy rate along Ngapali beach declines by 11 percent

Although there have been more than 900 hotel rooms along the Ngapali Beach in Thandwe, Rakhine State, decreased number of visitors made the average occupancy rate decline by 11 percent in 2017 compared to the previous year, according to a property report (2017) published by Colliers International (Myanmar) based in Canada. Last year saw only […]

Collier Property Report – Ngapali Hotel & Resort Q1 2018

Loyal Guests Buoy Occupancy in Select Hotels   Political upheavals surrounding the state have taken a toll on the region’s most famous beach destination. In 2017, hoteliers in Ngapali witnessed sluggish demand as foreign booking cancellations became noticeable. Nevertheless, occupancy levels remained relatively healthy in older developments. Continuous arrivals from unaffected seasoned foreign travellers and […]