Eleven-story four-star hotel under construction in Loikaw
Eleven-story four-star hotel under construction in Loikaw
Kantarawaddy Times, 31 Jul 2018
URL: https://www.bnionline.net/en/news/eleven-story-four-star-hotel-under-construction-loikaw
The project period is from December 2017 to December 2019 and the hotel is expected to open in 2020.
Ye Htut Kyaw Company, which operates Mawchi lead mine, is the main investor of the hotel, which will become the biggest hotel in the Karenni State.
“Only Ye Htut Kyaw’s name has been included in the list of shareholders. I don’t know which local/foreign investors are included,” said U Linn Zaw Htut.
The hotel will offer 80 rooms and can accommodate 200 guests at the same time. It will also offer a hall that can hold up to 600 guests.
The Karenni State has received more private investment in the hotels and tourism industry within this year. There are 18 hotels and 384 rooms in Loikaw up to 2017.
Ye Htut Kyaw Company, which operates Mawchi lead mine, is the main investor of the hotel, which will become the biggest hotel in the Karenni State.
“Only Ye Htut Kyaw’s name has been included in the list of shareholders. I don’t know which local/foreign investors are included,” said U Linn Zaw Htut.
The hotel will offer 80 rooms and can accommodate 200 guests at the same time. It will also offer a hall that can hold up to 600 guests.
The Karenni State has received more private investment in the hotels and tourism industry within this year. There are 18 hotels and 384 rooms in Loikaw up to 2017.