Hilton Worldwide has marked its entry into the Burmese market with the signing of a management agreement with LP Holding Co., Ltd to manage Hilton Yangon in Kyauktada Township, Yangon, Myanmar. The first Hilton Worldwide property in Myanmar, the 300-room Hilton Yangon will also be the first Hilton Hotels & Resorts branded hotel and is scheduled to open in 2014.”This agreement is a significant milestone for us as it represents both Hilton Worldwide’s and the Hilton brand’s entry into Myanmar. Following the social and economic reforms the country has made over the past year, Myanmar has seen visitor arrivals grow by 45.1 percent compared to the previous year. Yangon, in particular, is positioned to grow much faster than many other emerging market in Asia. Backed by a strong partner like LP Holding Co., Ltd, we are very confident that as the first internationally branded hotel in Yangon, Hilton Yangon will set the benchmark for quality hospitality experiences catering to both domestic and international travellers,” said Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide.
“Hilton Hotels & Resorts is a global leader of hospitality and Hilton Yangon represents another important new chapter for our brand’s rapidly-growing collection in Asia Pacific. Given its prime location in downtown Yangon, this hotel will meet the needs of both corporate and leisure travellers in delivering the world-class hospitality synonymous with our brand and Hilton Worldwide,” said Rob Palleschi, global head, Hilton Hotels & Resorts.
The 21-storey Hilton Yangon is 14.3 kilometres away from Yangon International Airport and is part of Centrepoint Towers, a mixed-use development which includes high-end retail boutiques and a premium office tower. Located at No. 65, the corner of Sule Pagoda Road and Merchant Street in the Kyauktada Township, the hotel is located opposite Yangon’s iconic High Court building and the famous Independence Monument Park. As the one of the tallest commercial building in the city, hotel guests will enjoy impressive 365-degree views of greater Yangon and easy accessibility to the downtown Colonial quarter and business district of the city.
Hilton Yangon will offer one all-day dining restaurant, two speciality restaurants, a destination sky bar and a lobby lounge. Offering a total of 1,400 square meters of event space including a 850-square meter ballroom, the hotel will also have an Executive Floor, a business centre, a fitness centre, a pool, a spa and car park facilities.