Wee Wei Ling, executive director of Pan Pacific Hotel Group, isn’t at all worried about the glut in hotel rooms in Yangon. “There is definitely an oversupply. In fact, tourism has been declining recently. But we are long-term investors in Myanmar. We see the potential of this country and we would like to grow with […]
Singapore’s Pan Pacific opens new hotel in Yangon, remains confident of long term ROI
November 27, 2017 by Thiha
Filed Under: Latest News Tagged With: capital investments, Chatrium Hotel Royal Lake Yangon, Crystal Jade, Executive Director, French group AccorHotels, Germany’s Kempinski Group, Junction City Shopping Mall, Junction City Yangon mixed-development project, Kempinski Yangon, Keppel Land, Long term plans, long term ROI, long-term investors, Luxury Hotel, Meliá Yangon, northern Rakhine, Novotel Yangon MAX, Pan Pacific Hotel Group, ParkRoyal patrons, ParkRoyal Yangon, Pullman Yangon Centrepoint, Pyay Road, return on investment, ROI, Rose Garden Hotel Yangon, Sedona Hotel Yangon, Shwe Taung Group, Si Chuan Dou Hua, singapore, Singapore property developer UOL Group, Singapore-listed property conglomerate UOL Group, Small Office Home Office, SOHO, South Korean Lotte Group’s Lotte Hotel, Sule Shangri-La Yangon, United Overseas Bank, Wee Wei Ling