Yangon Region Tourism Working Committee approved permits for construction of 21 hotels and guesthouses with the total investments of 238.29 million USD and K119.63 billion from May to August this year.
During four months, the committee granted licenses for 33 hotels, one temporary hotel, eight guesthouses and licenses for construction of 18 hotels with 2,136 rooms, construction of three guesthouses and 276 inbound tour licenses, 121 outbound tour licenses and 218 tour guide licenses.
There are currently some 430 hotels and motels operating in Yangon Region, according to government data.
“Now, we are starting a rating system in Yangon and working to ensure quality control in tourism services. We need to encourage businesses in the sector to provide a full range of services to encourage tourists to come more than once,” said Yangon Region Minister of Hotel and Tourism Daw Naw PanThinzar Myo. Having a rating system will encourage hotels in Myanmar to pay closer attention to the services they provide and raise the standard and quality of the hotel industry, she added.
In late August, the regional tourism work committee allowed a total investment of Ks26, 674 million in investment which created 335 jobs.
Yangon accounts for around 70 per cent of the total investments in the hotel and tourism sector.
Over 743,000 travelers visited Yangon in the seven months up to July which is 100,000 more than same period of last year according to Yangon’s department of Hotels and Tourism.