350-key Lakeside Shangri-La, Yangon is Under Development in Myanmar

Slated to Open in 2017

. December 17, 2013

Hong Kong - December 17, 2013 - Shangri-La International Hotel Management Ltd. will open its second hotel in Yangon, Myanmar in 2017. With a prime location on the banks of Kandawgyi Lake, the 350-room Lakeside Shangri-La, Yangon will command magnificent views of the glittering Shwedagon Pagoda and unparalleled vistas over the lake.

The hotel will be near the new Shangri-La Residences, Yangon, which are also managed by Shangri-La. The Hong Kong-based hotel group has been operating in Myanmar since 1996 when it opened the 334-room Traders Hotel, Yangon.

"The steady increase of domestic and foreign investment in Myanmar's economic capital makes Yangon an important commercial center," said Shangri-La President and Chief Executive Officer Greg Dogan. "Along with the city's period buildings, traditional architecture and historic charms, it's easy to see the multi-faceted attractions of Yangon. We look forward to further contributing to the city's tourism and welcoming visitors with Shangri-La's hospitality from the heart."

In addition to 350 well-appointed guestrooms and suites, the Lakeside Shangri-La, Yangon will have three restaurants, two bars, generous meeting and convention space, a health club, and an outdoor swimming pool. Guests will also have access to the 44.5-hectare Kandawgyi Nature Park and the Yangon Zoological Gardens surrounding the lake.

About Shangri-La Hotels and Resorts

Hong Kong-based Shangri-La Hotels and Resorts, one of the world's premier hotel companies, currently owns and/or manages more than 80 hotels under the Shangri-La brand with a room inventory of over 34,000. Over four decades the group has established its brand hallmark of 'hospitality from the heart.' The group has a substantial development pipeline with upcoming projects in mainland China, India, Mongolia, Philippines, Qatar, Sri Lanka, Yangon and the United Kingdom. For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com.

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