Max Myanmar Company is due to
complete the construction of the five-star Novotel Hotel in Yangon by
December, according to sources from the company.
"It will be a five-star hotel with 366
rooms. Singapore's IIDA will take care of its building design, Vietnam's
AA Corporation is handling its interior design, and French Accor
Hospitality will take care of its operation management," the sources
said.
Yangon now has 5 five-star hotels. There
are six state-owned hotels and 762 private-owned hotels operating
around the country, according to official data from Ministry of Hotels
and Tourism.
The investment volume made by Myanmar
nationals in the country's hotels and tourism sector reached Kyats 183
billion in July this year.
Source: Eleven Weekly Media