ACCOR opened Novotel Inle Lake Myat Min yesterday in southern Shan state, marking the brand’s comeback to the country, which once had a Novotel at Mandalay. Located on the east bank of Inle Lake, the four-star resort features 60 Junior Suites, 60 Lake Villas and two Presidential Villas, each offering separate living areas and bedrooms. […]
State of Service Office Business in Yangon 2014
by Kevin Heng Introduction Myanmar, formerly known as Burma: the final frontier of foreign investment. A hitherto untapped market of 60 million in between the 2 most populated countries in the world. Such clichéd terms are often thrown around in any article one comes across when one is researching on how to invest in Myanmar. […]
Yangon More Expensive Than Manhattan Sparking Boom: Real Estate
Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]