Inside Burma
Hotel industry likely to increase investments in Myanmar
Hotel industry likely to increase investments in Myanmar
Source : HVS International
According to the Ministry of Hotels and Tourism, the number of international arrivals at Yangon International Airport recorded approximately 111,000 in the first half of fiscal year 2009/10 (April to September 2009), reflecting a significant 34% increase from the previous year.
Local hoteliers are forecasting that the current supply of hotels in the market is insufficient to cater for the increased demand expected in 2010/11.
As such, the Ministry of Hotels and Tourism is actively promoting its tourism market in cooperation with international and domestic airlines, tour operators and travel agencies.
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