Hotel investment reaches US$2.7bn

Foreign investment in the hotel sector has reached US$2.7 billion, Htay Aung, minister for hotels and tourism, said at a cooperation signing ceremony between Hoang Anh Gia Lai Myanmar and the Spain-based Melia Hotels International. “There are 47 hotels invested by foreign investors,” he said. Hotel investment is largely coming from Singapore, Vietnam, Thailand, Hong […]