Between July 2013 and February 2014 – 1,102 travel firm licenses, 190 transportation licenses and 3,341 tour guide firm licenses have been issued across the country.Out of 960 hotels granted operating licenses across Myanmar over the last year, 302 have been opened in Mandalay while 238 have opened in Yangon Region. This year is expected to attract 3 million visitors. Local investment in hotels and tourism is up by US$ 526.79 million by March 2014.