Myanmar: Hilton has announced the signing of a management agreement with Myanmar partners Crown Advanced Construction to operate a 308-key hotel near downtown Yangon.
Set to launch under the company’s flagship Hilton Hotels and Resorts brand, Hilton Times City Yangon marks will be its first hotel in Yangon when it opens in 2022. Part of a mixed-use development, the hotel will comprise suites and serviced apartments, and sit alongside an office tower, high-end residential and a retail mall.
The hotel is located between Yangon International Airport and the central business district: a short 20-minute drive from the airport and 15-minute drive from downtown Yangon.
“It is an exciting time to be expanding our footprint in Myanmar, with an optimistic outlook for inbound tourism and the country expected to receive 7.5 million tourists by 2020. As the commercial and financial capital of the country, Yangon holds much of the potential for growth. We are delighted to be bringing our Hilton brand into Myanmar’s largest city to cater to the projected travel boom. There is no better way to kick off Hilton’s 100th year anniversary than with a milestone announcement such as this, and we are confident Hilton Times City Yangon will be top of mind for leisure and business travellers alike, whether they are passing through or visiting Yangon,” said Paul Hutton, vice president, operations, South East Asia, Hilton.
Hilton Times City Yangon will feature five dining outlets, including an all-day dining restaurant, one specialty restaurant, two bars and a Grab and Go outlet. Amenities include event spaces, a ballroom, business centre, a fitness centre, spa and pool.
“With the increase of flight connectivity to Yangon, growth in multinational companies setting up operations here – combined with an influx of foreign investment – business travel is anticipated to grow very strongly and the close proximity of our hotel to government embassies and downtown Yangon is a great advantage. Hilton Times City Yangon will be ideally positioned to cater to leisure and business travelers when it opens in 2022,” said Guy Phillips, senior vice president development, Asia & Australasia, Hilton.
