Pan Pacific Hotels Group Opens PARKROYAL Nay Pyi Taw in Myanmar's Capital, Nay Pyi Taw
Singapore, April 2, 2014 - Pan Pacific Hotels Group has announced the opening of PARKROYAL Nay Pyi Taw today, the first international hotel in the capital of Myanmar, Nay Pyi Taw.
The launch also makes PARKROYAL the first international hotel brand in Myanmar to enjoy a presence in two major cities - the commercial centre, Yangon and the administrative seat of the government, Nay Pyi Taw.
Set within spacious beautifully landscaped gardens, the 180-room PARKROYAL Nay Pyi Taw opens with 90 rooms, with the remainder expected to be fully operational by the end of the year. The hotel offers an all-day dining restaurant, spa, gym, swimming pool and a range of meeting facilities.
Nay Pyi Taw is the third largest city in Myanmar and has been listed by CNN[1] as one of the world's fastest-growing cities. As the capital, Nay Pyi Taw is expected to host a prestigious line-up of international events, starting with the ASEAN Leadership Forum in May.
Strategically located within the vicinity of the Myanmar International Convention Centre, the official venue of government functions, PARKROYAL Nay Pyi Taw anticipates being the accommodation of choice for many foreign and local dignitaries.
As the second PARKROYAL hotel in Myanmar, PARKROYAL Nay Pyi Taw builds upon the success of PARKROYAL Yangon which has established itself over the past 12 years as one of the top international hotels in the country. To retain its premier position in Myanmar's increasingly competitive hotel industry, PARKROYAL Yangon is undergoing a series of renovations this year to refresh its lobby, dining spaces as well as meeting and entertainment facilities.
The opening of PARKROYAL Nay Pyi Taw under a management contract, and the refurbishment of PARKROYAL Yangon come on the heels of another recent development of the Group in Myanmar.
Last November, Pan Pacific Hotels Group announced a conditional joint venture with Shwe Taung Group to develop the first "Pan Pacific" hotel in Myanmar. Scheduled to open in 2017, the 348-room Pan Pacific Yangon will be located in the heart of Yangon city centre, opposite the popular Bogyoke Aung San (Scott) Market.
"As an early and successful player in Myanmar's hotel industry, Pan Pacific Hotels Group is keen to capitalise on business opportunities within the flourishing tourism sector to solidify our position as one of the leading international hotel operators in the country," says Bernold O. Schroeder, Chief Executive Officer, Pan Pacific Hotels Group.
"The opening of PARKROYAL Nay Pyi Taw in such a prominent location in the capital will give the brand greater visibility and boost the Group's Myanmar portfolio. We look forward to harnessing our in-depth market knowledge and strong reputation to win over more travellers with the quality accommodation and personalised service that we have become trusted to provide."
In Myanmar, Pan Pacific Hotels Group continues to seek expansion opportunities in key destinations for both city and resort hotels.
Elsewhere in Asia Pacific, the Group is on track to open its fifth property in China - Pan Pacific Hotel and Serviced Suites Tianjin - later this year. By 2017, it is also scheduled to launch five more "Pan Pacific" and PARKROYAL hotels in Australia, China and Indonesia.
Reference:
[1] Six of the world's fastest-growing cities are in China" - CNN, 31 October 2011 http://edition.cnn.com/2011/WORLD/asiapcf/10/31/population.fastest.growing.cities/index.html
About Pan Pacific Hotels Group
Pan Pacific Hotels Group is a wholly-owned hotel subsidiary of Singapore-listed UOL Group Limited, one of Asia's most established hotel and property companies with an outstanding portfolio of investment and development properties. Based in Singapore, Pan Pacific Hotels Group owns and/or manages close to 40 hotels, resorts and serviced suites with some 12,000 rooms including those under development in Asia, Oceania and North America. The Group comprises two acclaimed brands: "Pan Pacific" and PARKROYAL. "Pan Pacific" is a leading brand in Asia and the Pacific Rim with hotels offering premium accommodations and services. PARKROYAL is a collection of comfortable leisure and business hotels and resorts located in the heart of cities and interesting locales across Asia Pacific. For more information, visit pphg.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
