fbpx

Colliers Property Report – Myanmar Hotel Quarterly Q4 2018

SUMMARY & RECOMMENDATIONS No new completions were observed in Yangon as of Q4 2018. Few select developments that were anticipated to open during the quarter have seen limited construction developments. In turn, increases on both occupancy and ADR levels transpired. Nonetheless, hotel investments in Yangon continue to surge as supported by the new government policies […]

Myanmar Rosewood Stolen to Feed China’s Elite Furniture Craze

Myanmar’s precious rosewood tree species are heading for imminent commercial extinction at the hands of China’s multi-billion dollar rosewood furniture boom, an environmental conservation group said. The illegal trade in rosewood species is driven by the expanding wealthy elites in China and their desire for the high-end Ming and Qing dynasty reproduction furniture collectively known […]