International hotel chain operator AccorHotels plans to expand its base by opening five new hotels in Myanmar by the year 2019. In order to re-brand an existing hotel apartment into a Mercure in Myanmar, the company has signed a management contract with SC Capital Partners Group. The management contract will make it possible to rebrand the seven-story Micasa Hotel Apartments Yangon to Mercure Yangon Kaba Aye by July 2017. The new Mercure is located in close proximity to the famous Shwedagon Golden Pagoda. It offers 143 apartments and 40 deluxe rooms to its customers.
As per company’s Chief Operating Officer (CEO) Mr. Patrick Basset, the company is opening five new properties by the year 2019 as a part of the larger strategy to expand its footprint in Myanmar. A press release issued by AccorHotels stated that presently there are five of its hotels operating in Myanmar. These hotels include, The Lake Garden Nay Pyi Taw, MGallery by Sofitel, Novotel Yangon Max, Novotel Inle Lake Myat Min, and ibis Styles Yangon Stadium.