Marriott, Yoma Land ink deal for premium hotel, residential project in Myanmar
Marriott International has signed a landmark agreement with Myanmar’s leading property developer, Yoma Land, to bring the Westin brand to Myanmar in late 2021.
Under the agreement, the new Westin Yangon will feature 281 rooms and suites alongside 90 premium serviced apartments with spectacular views overlooking central Yangon and the iconic Shwedagon Pagoda, the company said in a press statement.
The 26-story hotel is being planned as part of the Yoma Central integrated real estate development project, which has been designed by acclaimed architect Cecil Balmond OBE.
Upon completion in 2021, Yoma Central expects to be anchored by the restored former headquarters of the Burma Railway Company, one of Yangon’s oldest and most cherished colonial-era buildings.
Yoma Central plans to also feature two Grade A office towers and a collection of luxury private homes.
“Given its local expertise and strategic vision for development in Myanmar, Yoma Land is an ideal partner for debuting the Westin brand in this market,” said Paul Foskey, chief development officer, Asia Pacific, Marriott International.
“The signing of The Westin Yangon marks a significant milestone in Marriott International’s continued growth in Southeast Asia and we look forward to partnering with Yoma Land in building on this momentum,” he added.
Westin has more than 220 hotels in nearly 40 countries and territories.
“It’s an honour to work with Marriott International to introduce its Westin Hotels and Resorts brand to Myanmar,” said Stephen Purvis, head of Yoma Land. “The Westin Yangon will be a great place for leisure and business travellers alike who will be able to enjoy the hotel’s world-class services and facilities. This is a significant moment in Yoma Land's strategy of seeking out the very best of international partners to reinforce our position as a leading developer in Myanmar.”
The Westin Yangon is strategically located close to the city’s attractions, including Sule Pagoda, Chinatown, Merchant Street and the historical central business district. The area is 18 kilometres from Yangon International Airport.