Thread: Yangon, Myanmar / All the info in thread
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Old 23-03-2012, 01:47 PM
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Re: Any one try at Yangoon -Myammar before
Quote:
Originally Posted by huanggua View Post
Yes. I noticed from Agoda that the rates at Parkroyal has more than doubled. Maybe good to start a small hotel there. What's your take?
Exactly what I had in mind but sadly, no capital. Hospitality services booming in Myanmar due to huge influx of Western tourists. 20 years of "closed door" policies has piqued Western interests.

Boutique style hotel will make a killing now. Parkroyal. 2 years ago, rate was USD50+, today its USD88 and yet daily fully booked for the last 2 months. Many abandoned colonial British bungalows available in good location and can be converted into small boutique hotel.
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