Supply As of the first quarter of the year, the total upper-scale hotel stock in Yangon remained at around 3,800 rooms. The growth of supply in the upper-scale hotel market appears to have temporarily slowed down with no new hotel developments being completed during Q1 2017. This comes after only a single upper-scale hotel, Melia […]
Stays at Yangon’s first Sheraton Hotel are two years away
June 3, 2015 by
Starwood Hotels & Resorts Worldwide, the corporation behind the Sheraton brand, has announced its first Myanmar outpost will open in 2017. The Sheraton Yangon Hotel will be the country’s first of its kind, as US sanctions had previously deterred Starwood from doing business in Myanmar. The hotel’s construction – including the price of land – […]
