Banyan Tree partners with local hotel brand despite tourism slump

International hospitality giant Banyan Tree Holdings is partnering with one of Myanmar’s largest hotel brands to manage 17 of its properties. Singapore-based Banyan Tree has announced a 50-50 joint venture agreement with Htoo Hospitality, a.k.a

Gwa, Rakhine, slated for beach resort

A local developer is requesting permission to build a luxury beach resort in Gwa, Rakhine State, that could help establish a new tourism destination to the western coast. The locally-owned Sea Lion Group has proposed the new “eco resort”
Italians invest US$3.2million in Kawthoung hotel

Italian hotel approved for southern islands

An Italian company has been approved to construct a USD 3.2 million hotel in Kawthaung, at the southern tip of Myanmar. According to a Myanmar Times reports, The Directorate of Investment and Company Administration (DICA) granted approval for the