Hotel investors join in Myanmar market

Sedona Yangon Hotel - one of the most luxurious hotels in Myanmar

Sedona Yangon Hotel – one of the most luxurious hotels in Myanmar

Hotels and Tourism deputy minister, Tin Shwe, reported that Myanmar’s tourism industry is now booming to the point the ministry must ease conditions for foreigners to invest in in new hotels.

“European and Asian hotel investors are now the priority,” he explained to local media just days after the ministry organised a briefing on hotel joint ventures that attracted 600 business executives from Thailand alone.

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