Thursday 31 October 2013

Pan Pacific brand to debut in Myanmar

PAN Pacific Hotels Group has entered a joint venture agreement with Myanmar's Shwe Taung Group to develop the country's first Pan Pacific hotel.

Subject to regulatory approvals from the Myanmar government, Pan Pacific Yangon will open in 2016 as part of a mixed-use development comprising serviced apartments, retail and office spaces.

The hotel will be situated along Shwedagon Pagoda Road and Bogyoke Aung San Road in central Yangon, opposite Bogyoke Augn San Market.

Offering 348 rooms, the new property will also include facilities such as meeting rooms, a ballroom, swimming pool, spa, gym, all-day dining restaurant and specialty restaurant.

Pan Pacific Yangon will be the Group’s second property in Yangon after Parkroyal Yangon, which it owns and has operated for the last 12 years. Parkroyal Yangon is slated to undergo extensive renovations of its public spaces, restaurants and ballrooms.

Gwee Lian Kheng, group chief executive, Pan Pacific Hotels Group, said: “Pan Pacific Yangon underscores the Group’s steadfast confidence in and commitment to Myanmar as an important growth market. By responding to the increasing demand for quality hotel rooms and service through our distinctive Pan Pacific and Parkroyal brands of hospitality, we look forward to contributing further to Myanmar’s flourishing tourism industry.”

The Group is currently exploring opportunities in Naypyidaw, and this year also signed management agreements for Parkroyal resorts in Bogor and Bali. To open in 2015 and 2016 respectively, the new resorts will mark Parkroyal’s debut in Indonesia. 

source: TTG Asia

 

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