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Okura Prestige Yangon will have approximately 390 guest rooms in Yangon city centre, a brief stroll from Yangon Central Station and a brief ride from the historical Shwedagon Pagoda. The building will be a large industrial building with offices and shops on the site of the former defence museum.
Visit 300 of your sector at the fourth MR&H in Athens, Greece to see some of the most prestigious investments and developments in the Mediterranean. "It is a real honour for Hotel Okura to participate in this major expansion of the first Myanmar Law approval, thanks to a co-ordinated efforts of the Japanese government, the Japanese government and the Japanese government and the Mexican partner," said Toshihi, Chairman of Hotel Okura Co. in a declaration, and noted that the hotel wanted to expand three to five more Myanmar owned properties, among them The Okura Prestige Yangon, over the next five years.
Myanmar has experienced average annual GNP increases of around 7 per cent since its transition to civil democracies. Investments from Japan, Europe and the United States are expected to increase continuously. Okura Hotel's first Myanmar facility is part of a plan to increase the Group's overall real estate holdings to 100 by 2020, mainly in Asia.
This includes four Okura Hotels & Resorts to open in Cappadocia in 2018 and Manila, Phnom Penh and Saigon in 2020, and two Nikko Hotels International to open in Bangkok in 2018 and Hai Phong in 2020.