Myanmar's capital to offer 10,000 accommodations by 2014

More than 10,000 hotel rooms at over 80 hotels will be available at Nay Pyi Taw hotel zone in Myanmar's new capital Nay Pyi Taw by 2014, local media reported Wednesday.

At present, there are 31 hotels in Nay Pyi Taw hotel zone, said the Weekly Eleven website.

The demand of accommodations will increase as many foreign visitors will come to visit Myanmar to attend the 27th Southeast Asian Games at the end of this year and the ASEAN Summit and other related Summits next year.

According to statistics, Myanmar has a total of 787 hotels with 28,291 rooms, the report said.

These include five five-star hotels, 18 four-star hotels, 83 three-star hotels, 115 two-star hotels, 103 one-star hotels, and 462 hotels with licenses.

In December 2012, companies from Vietnam signed a deal with Myanmar to invest 300 million dollars in hotels at Nay Pyi Taw.

The massive build-operate-transfer deal was the first surge of investment into the hotel sector since the new foreign investment law was promulgated.

Myanmar could reportedly attract over 1 million world tourists to the country in the year, an increase of 200,000 compared with 2011, due to the significant changes in Myanmar last year.

Sourced: Xinhua