Hilton Worldwide has become the first major international hotel company to announce its entry into Myanmar.

The company has signed a management agreement with LP Holding Co Ltd to operate the 300-room Hilton Yangon, which is expected to open in the city’s central Kyauktada Township area in 2014.

While Myanmar is developing fast, it still has a severe shortage of hotel rooms. Currently there are estimated to be only around 28,000 hotel rooms in the country – fewer than in downtown Bangkok…

Tags: hilton, myanmar
Photo Credit: Several of the many old and semi-abandoned imperial buildings in Yangon, Myanmar. Rafat Ali