US-based Best Western, which is one of the world’s largest Hotels group, has already agreed to going into a joint venture with the Green Hill Hotel in Myanmar, according to Best Western Hotels Group.
Green Hotel with 189 rooms is located in Tamwe Township, Yangon.
The hotel requirements are rising after increasing the number of tourist arrivals.
For that reason, the group is now looking for their partner and cooperating with a joint venture with Green Hill Hotel. The group becomes the first US-based hotel in Myanmar’s Hotels and Tourism sector.
The group is one of the advance hotels opened 4000 hotels providing 300,000 rooms in over 100 countries.
At present, the group has established the Green Hill hotel as their ninth investment in Myanmar among the ASEAN countries and it will establish the next hotel in Brunei.
The US invested over US$ 243 million in 15 projects at the end of April, standing at 13th position in the investment of Myanmar.