Tuesday, 29 May 2012 13:33 Mizzima News
Singaporean businessmen are expected to make larger investments in Burma’s booming hotel and tourism sector, according to a local media report.
A delegation of International Enterprise Singapore Business Department, led by the director of the Southeast Asia Group, Tan Soon Kin, held discussions with officials at the Ministry of Hotels and Tourism early this month, said the Eleven News.
Singapore is now the biggest foreign investor in Burma’s hotel and tourism industry, with the Sedona Hotel and Park Royal Hotel in Rangoon and the Sedona Hotel in Mandalay.
Other major foreign investors in the country's hotel and tourism industry come from Thailand, Japan, Hong Kong, Malaysia and Britain. The United States and other countries are also showing strong interest in the sector.
Currently, high-end rooms in Rangoon are filled. Burma has 22 foreign-invested hotels, nine government-owned hotels and 678 private hotels, in addition to 11 hotel zones in regions where tourists visit frequently. Prices have skyrocked from around US$ 50 to up to $300 for luxury rooms.
The government is expected to launch more than 50 hotels across the country over the next two years, the newspaper reported.
Last, year, the largest number of tourists came from Thailand, followed by China. French, German and British accounted for the highest number of Western tourists in Burma.
Mizzima reported in January that Europeans accounted for 65,367 travellers, led by France with 13,102 visitors, Germany with 10,932, and Britain 7,195.
“Arrival numbers are increasing 20 per cent to 30 per cent every year”, said Lynn Zaw Wai Mang, general manager of Unique Asia Travel in Rangoon. “It means we need to build more hotels, expand airlines and develop our infrastructure so we can offer a better level of service to visitors.”
While the numbers are good, tourism industry spokesmen are citing potential problems down the road and calling for the newly elected government to undertake rapid infrastructure changes.
An article in the Myanmar Times on January 2 cited concerns about the country’s lack of hotels and transport capacity, poor infrastructure, high prices and inefficient booking systems.
“The Myanmar tourism industry is now at a point where we need to become more professional…,” said Edwin Briels, general manager of Exploration Travel and Tour.
Singaporean businessmen are expected to make larger investments in Burma’s booming hotel and tourism sector, according to a local media report.
A delegation of International Enterprise Singapore Business Department, led by the director of the Southeast Asia Group, Tan Soon Kin, held discussions with officials at the Ministry of Hotels and Tourism early this month, said the Eleven News.
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| A hotel at a scenic location in Burma. Photo: Mizzima / Min Min Oo |
Singapore is now the biggest foreign investor in Burma’s hotel and tourism industry, with the Sedona Hotel and Park Royal Hotel in Rangoon and the Sedona Hotel in Mandalay.
Other major foreign investors in the country's hotel and tourism industry come from Thailand, Japan, Hong Kong, Malaysia and Britain. The United States and other countries are also showing strong interest in the sector.
Currently, high-end rooms in Rangoon are filled. Burma has 22 foreign-invested hotels, nine government-owned hotels and 678 private hotels, in addition to 11 hotel zones in regions where tourists visit frequently. Prices have skyrocked from around US$ 50 to up to $300 for luxury rooms.
The government is expected to launch more than 50 hotels across the country over the next two years, the newspaper reported.
Last, year, the largest number of tourists came from Thailand, followed by China. French, German and British accounted for the highest number of Western tourists in Burma.
Mizzima reported in January that Europeans accounted for 65,367 travellers, led by France with 13,102 visitors, Germany with 10,932, and Britain 7,195.
“Arrival numbers are increasing 20 per cent to 30 per cent every year”, said Lynn Zaw Wai Mang, general manager of Unique Asia Travel in Rangoon. “It means we need to build more hotels, expand airlines and develop our infrastructure so we can offer a better level of service to visitors.”
While the numbers are good, tourism industry spokesmen are citing potential problems down the road and calling for the newly elected government to undertake rapid infrastructure changes.
An article in the Myanmar Times on January 2 cited concerns about the country’s lack of hotels and transport capacity, poor infrastructure, high prices and inefficient booking systems.
“The Myanmar tourism industry is now at a point where we need to become more professional…,” said Edwin Briels, general manager of Exploration Travel and Tour.
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