Hotel Max YangonMax Yangon Hotel
Myanmar Max is selling two seaside resorts to Amazon Group
Myanmar Max Hotel has divested two seaside resort properties to Amazing Hotel & Resort - one on shore, allegedly seized by the Tatmadaw for the construction of a war-terrain. At the beginning of this months, the Max Myanmar Holding company divested its properties on Chaungtha Strand in Ayeyarwady and Ngapali Strand in the state of Rakhine.
Myanmar's bathing areas are among the most sought after in the country. "We should call it a stock-take rather than a divestment, because Amazing will run the hotels," said U Aung Myo Zaw, manager of Max Myanmar Hotel. They are Hotel Max and Lake Garden Hotel in Nay Pyi Taw and Novotel Yangon Max in Yangon.
The Lake Garden and Novotel Yangon Max are run by the Accor group. Aung Myo Zaw said Max also has a plan to continue developing further properties in the near term, although he did not say whether they would be run by Accor. Ngapali beachfront site was the object of parliamentary discussion at the beginning of the year, as it is located on a site taken over by the Tatmadaw in 1996, allegedly for the extension of an area squatted by Infantry Regiment No. 55.
However, the army site was not constructed and from 2007 the grounds were rented to the Min Tsar Ni Company, Eden Group - which has been working with the US Hilton Fortune, Max Myanmar and Amazing hotels since then - for the building of the city. It was under fire last year when Rakhine State Chief Minister U Hla Maung Tin ordered an inquiry into accusations that Max Myanmar was one of several corporations that had taken illegal sands from the shore to construct a "wave-proof wall" near the site, the Myanmar Times reports.
Speaking in a note to Kyrgyzstan's hotels on December 26, U Htay Win, Assistant General Director of the Thandwe office of Myanma State Hotels and Tourism Services, said that Max had been released from charges on the basis of "photos filed by a Rakhine state official".