Hilton has signed a management agreement with LP
Holding Co., Ltd to manage the Hilton Yangon in Kyauktada
Township, Yangon, Myanmar.
The first Hilton Worldwide property in Myanmar,
the 300-room Hilton Yangon will also be the first Hilton Hotels &
Resorts branded hotel and is scheduled to open in 2014.
“This agreement is a significant milestone for
us as it represents both Hilton Worldwide’s and the Hilton brand’s
entry into Myanmar. 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.
Yangon, in particular, is positioned to grow much faster than many
other emerging market 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,” said Andrew Clough, senior
vice president, development, Middle East & Asia Pacific, Hilton
The 21-storey Hilton
Yangon is 14.3 kilometers away from Yangon International Airport
and is part of Centrepoint Towers, a mixed-use development which
includes high-end retail boutiques and a premium office tower.
Located at No. 65, the corner of Sule Pagoda Road and Merchant
Street in the Kyauktada Township, the hotel is located opposite
Yangon’s iconic High Court building and the famous Independence
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 district of the city.
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.
Yangon boasts numerous tourism attractions such as the
beautiful golden pagodas which can be found dotted throughout the
city, the most famous of which is the Shwedagon Pagoda. Other key
attractions include Kandawgyi Lake with its Royal Barge, numerous
museums and well preserved examples of grand colonial
Following the lifting of economic and social
sanctions on the country, a number of international airlines have introduced new routes into Yangon to cater for the
rapid growth in demand for corporate and leisure travelers.
Yangon are expected to remain strong and with new foreign
investment laws passed in November 2012 aimed at bringing in
foreign capital, the city is expected to generate high levels of
growth across all industries especially in the areas of mining,
energy, telecommunications, banking, real estate, legal,
healthcare and hospitality.
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