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
No comments:
Post a Comment