Yangon, in Myanmar, has lost hundreds of colonial buildings to rapid development over the past two decades. A handful of heritage hotels -- think teak mansions and grand colonial facades -- are ...
Yangon has experienced tremendous growth in visitors in the past year as Myanmar began economic and social reforms, and as a result, hotels are now experiencing significant growth in demand from both ...
Even if the international hotel supply triples in the next several years, the Yangon market still offers lots of opportunities for early movers, given the current anemic state of the hotel market ...
Yangon is a city abundant not only with ancient temples and pagodas, but also a booming contemporary design, culinary and music scene. The city will gain its first lifestyle hotel in September with ...
TOKYO--(BUSINESS WIRE)--Hotel Okura Co., Ltd. announced today that it will open The Okura Prestige Yangon, the first Okura Hotels & Resorts member hotel to operate in Myanmar, in 2020. For the ...
Located near Yangon’s iconic Shwedagon Pagoda, the Savoy Hotel Yangon is a peaceful retreat. The owners estimate that the colonial-era main building was built in the 1940s, originally serving as the ...
The United Nations is being forced out of billionaire Robert Kuok’s Traders Hotel in Yangon next month amid a tourism boom in Myanmar after housing various offices in five floors of the property since ...
There are currently about 8,000 hotel rooms in Yangon, of which 1,500-2,500 are of international standard. The expected supply and demand dynamics over the next few years will give operators the ...