THE acute shortage of mid-range and high-end accommodation in Yangon should ease when 1,670 new hotel rooms become available next year, according to Myanmar’s Ministry of Hotels & Tourism.
U Aung Zaw Win, director general of the ministry’s Directorate of Hotels & Tourism, said the 270-room Centrepoint Towers Hotel in Yangon was scheduled to launch in April 2013, while the 100-room Nawarat Hotel in Hlaing Township would open around the same time.
Shangri-La Group will unveil a 240-unit serviced apartment project near Kandawgyi Lake in 2013, while Rose Garden Hotel Yangon will open 60 rooms. Both represent the first phases of larger projects: Shangri-La will add 460 rooms in 2015, while Rose Garden will add 255 more rooms in 2014.
A spokesperson from the ministry said 1,255 and 2,455 rooms were due to be injected into Yangon’s inventory in 2014 and 2015 respectively. The ministry has also estimated that 1,000 rooms will come online across various local-owned hotels over the next three years.
