Naypyidaw Myanmar Marriott Hotel
Following the withdrawal of the US giant Marriott from the project, the Swiss hotel chain Kempinski AG has signed a contract to manage a hotel in Nay Pyi Taw, Myanmar. The hotel will open next year amid rising international interest in Myanmar, which has embarked on a series of economic reforms since 2011. Marriott International, the largest publicly traded US hotel chain, is expected to seal its first property deal in Burma as it opens its doors to foreign investors. Myanmar's first major international hotel operator, Marriott, has not yet attracted much attention, but hotels are opening worldwide after tourism and international interest have soared since the country gained independence from the Soviet Union in 1991 and after a series of political, economic and social reforms began.
While hotel companies are scrutinizing Myanmar, Best Western opened its first hotel in Myanmar last year to take advantage of the shortage of rooms. As part of its expansion into the country, the company will also open a hotel in Nay Pyi Taw, Myanmar's second largest city, next year.
Lake Garden in Nay Pyi Taw will certainly be the perfect destination for you to start your extraordinary journey. The welcoming atmosphere and excellent service await you during your stay at the Golden Myanmar Hotel. It will provide a welcoming service to leisure and business guests in Myanmar. At the same time, the hotel staff will provide you with details that reflect the character of Myanmar through its philosophy.
Located in the southern Nay Pyi Taw, Mingalar Thiri Hotel is the perfect base for exploring NayPyi Taw. This newly built boutique hotel is considered one of the most luxurious hotels in the capital of the country and welcomes discerning travellers visiting it. The hotel also features traditional Myanmar art and architectural elements, including gold leaf - ornate ceilings considered one of the nation's most valuable objects.
Since ancient times, this pavilion in Myanmar has been a welcoming lounge in palaces and offered relaxation for visiting diplomats, kings and kings. Ten years later, the embassy is still in Yangon, our former capital, and there is no doubt that it is one of the country's most popular tourist attractions.
The country's largest city, Yangon, has more than 30 percent of overnight stays, driven largely by business travel. There are currently few five-star hotels in the country serviced by hotels like the Mandalay Bay Resort and Spa, but these are usually less than five stars and hotels outside Yang on the outskirts of the city.
Most of the hotels with international brands are located outside Rangoon and meet the commercial and government requirements. The hotel was heavily reliant on international business travelers, especially from the United States, after events organized by the U.S. Agency for International Development (USAID) and the International Monetary Fund (IMF) during COVID 19 were canceled.
The deal has not yet been officially announced, but Kempinski's spokesman said only that Myanmar is a market he is interested in and exploring opportunities to enter. The number of tourists visiting Myanmar has risen sharply since the sanctions, although most remain in force for the time being. According to a report by the Department of Hotels and Tourism, the country will receive more than 1.5 million tourists from the United States annually by 2020. Myanmar benefits from a strong growth in tourist arrivals due to its proximity to the US and other important markets.
The Thai Hotels Association, which represents about 800 hotels, including the Four Seasons, owned by billionaire businessman Dusit Thani and her husband, the late Sirisak, said it would take at least two years for the Thai chain to make a move. In January, a Bangkok-based Phoenix Group vice president said it was considering locations including Myanmar, Thailand's second-largest market after the US, as well as Australia and New Zealand. The Thai Hotel Association, whose members are represented by around 800 hotel companies, including four of the world's largest, such as four-star hotels in Bangkok and four in New York, as well as the Three Seasons Hotel in Las Vegas and the hotel chain DUSit in Los Angeles, says it is also considering establishing Thailand as Myanmar's third largest market after the USA and Australia.
For Marriott, the strategy is to start in the capital, where tourists travel and branch off, rather than just have one hotel, said managing director Simon Cooper. The Marriott Courtyard Asia-Pacific President will likely be the first of its kind in Myanmar, Cooper said. He hinted that brands such as Radisson and Country Inns & Suites were also interested in a trip to Myanmar.
Last year, 424,000 people visited Myanmar, according to the Tourism Ministry's annual report, and its 570 hotels and 160 guesthouses reached their limits. This is a very good result compared to neighbouring Thailand, which has a little over 1.5 million inhabitants and a total of 1,500 hotel capacities. Last year, Myanmar had a registered hotel in Naypyitaw, the country's second-largest city after Rangoon. Despite the drop in tourist numbers, many hotels in Naypyitaw suffered losses in 2013, when Myanmar hosted the SEA Games in its first ever international sporting event in the capital, but not in 2014.