Though Yangon is moving rapidly towards the milestone of a million visitors a year, investment in Myanmar’s hospitality sector has fallen well short of forecast growth, mainly because of speculation-driven land prices. According to a report by consultancy C9 Hotelworks, foreign direct investment into hospitality assets remains sidelined in many cases with concerns over the […]
Speculation-driven land prices stunting Myanmar hospitality sector
December 16, 2013 by thiha
Filed Under: Latest News Tagged With: Bill Barnett, C9 Hotelworks, Converting, Debt Market, Fallen, Foreign Direct Investment, Hospitality Sector, investment, Investor Interest, joint ventures, Knock-on effect, Lack, Managing Director, Myanmar, property bubble, Retained, Speculative-Driven Land Prices