Hilton Worldwide enters Myanmar with brand’s first hotel in Yangon
The 300-room property is scheduled to open in 2014.
“Following the social and economic reforms the country has made over the past year, Myanmar has seen visitor arrivals grow by 45.1% compared to the previous year,” said Andrew Clough, Senior Vice President for Development, Middle East & Asia Pacific, Hilton Worldwide. “Yangon, in particular, is positioned to grow much faster than many other emerging markets in Asia.
“Backed by a strong partner like LP Holding Co., Ltd, we are very confident that as the first internationally branded hotel in Yangon, Hilton Yangon will set the benchmark for quality hospitality experiences catering to both domestic and international travelers.”
The 21-storey Hilton Yangon is part of Centrepoint Towers, a mixed-use development which includes high-end retail boutiques and a premium office tower. As the one of the tallest commercial buildings in the city, hotel guests will enjoy impressive 365-degree views of greater Yangon and easy accessibility to the downtown Colonial quarter and business districts.
“Today’s announcement represents our first partnership with Hilton Worldwide and combines the expertise of a truly global, award-winning hospitality company with strong local market expertise,” said Richard Mayhew, Director, LP Holding Co., Ltd.
“Myanmar, and Yangon in particular, is one of the most sought after destinations in Southeast Asia since the United States and United Kingdom lifted sanctions. Given the lack of internationally-branded, quality rooms in the market, Hilton Yangon is in a great position to take advantage of this undersupplied yet booming market.”
Hilton Yangon will offer one all-day dining restaurant, two specialty restaurants, a destination sky bar and a lobby lounge. Offering a total of 1,400 square meters of event space including a 850-square meter ballroom, the hotel will also have an Executive Floor, a business center, a fitness center, a pool, a spa and car park facilities.
