TRAVEL WEEKLY ASIA
O F F I C I A L D A I L I E S
www.travelweekly-asia.com
17 27 October 2017
Market Mix, 2016
Leisure and Corporate travel dominate the Yangon
hotel market
Leisure travel was the largest segment in 2016. Most of this demand is
captured through direct hotel channels, contracted rates with OTAs and / or
wholesale packages. Leisure guests generally value support facilities such
as shopping and food and beverage outlets that are within close proximity to
their hotel.
Property Keys Opening Year
Pan Pacific 348 2017
Lotte Amara Hotel 343 2017
Hotel G Yangon 85 2017
Pullman Yangon Centrepoint 300 2018
Grand Mercure Golden Empire 175 2018
Yangon Thanlwin Hotel 170 2018
Kempinski 239 2018
Wyndham Grand Yangon Royal Lake 260 2018
Courtyard by Marriott 200 2019
Sheraton Yangon 375 2019
Okura Prestige Yangon 390 2020
Dusit Thani 338 2020
Hilton 372 2020
Total 3595
Corporate demand has traditionally accounted for a large portion of total
room nights demanded within the Yangon hotel market due to the city's
reputation as the economic centre of Myanmar. Major feeder industries
typically include oil and gas, banking and finance, non-government
organisations and telecommunications. Location of competitive properties
tend to play a large role in capturing corporate demand, especially with
traffic conditions in Yangon. This source market is typically preferred by
hotels as they provide stable occupancy levels and reasonable average
room rates.