Hotel zones hold promise but acquiring land difficult | Bangkok Post: business

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Hotel zones hold promise but acquiring land difficult

  • Published: | Viewed: 2,455 | Comments: 0
  • Newspaper section: Asia focus
  • Writer: Nalin Viboonchart
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Hotel zones in Myanmar’s tourism destinations are being built to increase the supply of rooms and, at the same time, solve the problem of expensive land for investors. 

However, the challenge is obtaining agreement from local villagers who have to move out, and ensuring they receive appropriate prices for their land.

The country’s rapid opening to the outside world has led to a surge in tourism that has exposed the severe shortage of quality accommodation. The government has moved aggressively by announcing plans for purpose-built hotel zones with roads and infrastructure in many areas, including Yangon, Mandalay, Bagan, Taunggyi, Chaungtha, Inle Lake, Rakhine, Mawlamyine, the Golden Triangle, Bago, Ngwe Saung and Nay Pyi Taw.

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