Myanmar's hotel sector enjoys boom | Bangkok Post: business

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Myanmar's hotel sector enjoys boom

Surge driven by huge rise in foreign tourists

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The hospitality business in Myanmar is on track for further growth, although investors should conduct project feasibility studies and avoid speculative investment, says tourism and property consultancy firm C9 Hotelworks. 

Myanmar's economic and political reforms have progressed well, enabling a flourishing hotel industry in major destinations such as Yangon, said managing director Bill Barnett.

In both hospitality and real estate, C9 Hotelworks is now working on many projects in the country, catering for keen interest from both Thai and international investors, he said.

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