ACCOR is in talks with local partner Max Myanmar Group of Companies to open a Novotel in Yangon within a property belonging to the latter, according to a Max Myanmar spokesperson.
The proposed 366-room Novotel Hotel (Yangon) will be established in Max Myanmar’s Pyay Tower on Pyay Road.
Max Myanmar Hotel Group’s project manager, Bo Chan Tun, said 159 rooms would be located in the 14-storey Tower A and 207 rooms in 16-storey Tower B.
He remarked: “At the moment, we are facing a hotel room shortage, especially in Yangon and other key destinations. So developing a big hotel with many rooms like this will meet the current demand for hotel rooms.”
Facilities will include a ballroom, meeting room, conference rooms, a café, wine bar, French restaurant, swimming pool, fitness centre, spa and tennis court.
Earlier this month, The Bangkok Post reported that Best Western International planned to open its first Myanmar property in 2013, leveraging friendlier investment rules and the countrywide room shortage.
The hotel chain was reportedly looking at locations in Yangon and Mandalay, and were discussing franchising and ownership options with potential investors.
