YANGON, 8 November 2019: Yangon will close 2019 with at least 400 new rooms in the city’s highly competitive upper-scale hotel segment, according to the latest Colliers International Myanmar report. That pushes the room total from 5,300 in the four and five-star categories at the close of the second quarter of this year to 5,700 […]
Collier Yangon Hotel H1 2016 Review
September 13, 2016 by
Correction in ADR observed amid rising competition The hotel market in Yangon is currently in a state of rapid transition with supply rising to unprecedented levels. Colliers expects competition to further build up, and the correction in ADRs to be more pronounced in the near to medium term. Forecast at a glance Demand – […]
Collier Property Report – Yangon Upper Scale Hotel Market 2H2015
June 15, 2016 by
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Surge in upper-scale hotel supply leads to further headwinds The upper-scale hotel market expanded noticeably in 2015 to end with more than 3,500 rooms. The number is expected to double in the next four years on the back […]
Upper Scale Hotel Market in Yangon 4Q, 2014
February 24, 2015 by
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Upper Scale Hotel Market 4Q 2014 Planned influx of foreign operators as tourism sector continues to grow The number of upper-scale hotel rooms in Yangon is expected to grow significantly as over […]
Hotel Market in Yangon 2Q, 2014
October 21, 2014 by
Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Hotel Market 2Q 2014 More hotel zones planned to serve rapidly increasing demand Both foreign-invested and local hotel developments are projected to heighten on the back of increasing business and tourist arrival […]
Yangon hotel market continues to boom
June 9, 2014 by
The social and economic reforms that began in Myanmar in 2011 have allowed tourism to flourish in the country. In the former capital city and still the commercial hub, Yangon, international arrivals grew 46% from 550,000 in 2012 to just over 800,000 in 2013. The number of arrivals in Yangon remains relatively small compared with […]
