Influx of tourists spurs demand for more hotels in Yangon
A wave of tourists arriving from Asia has spurred demand for more hotels, as citywide occupancy rates increase, Colliers International Myanmar Hotel Market Quarterly Report Q2 2018 has found.
The Myanmar tourism sector is seeing necessary reforms and legislation put in place that will facilitate its sound development in the future
"We can only hope that this journey will be managed in a sustainable manner, learning from the lessons from some of its peers in the region.” Daniel Voellm, Managing Partner at HVS Asia Pacific.