The Okura Prestige Yangon Hotel — Photo by Okura Nikko

Hotel Okura announced that it will open The Okura Prestige Yangon, the first Okura Hotels & Resorts member hotel to operate in Myanmar, in 2020, It will be situated within a large commercial complex, including office buildings and retail facilities, to be constructed on the site of the former Defense Services Museum.

For the operation and management of The Okura Prestige Yangon, Hotel Okura expects to sign a contract in August with a local alliance comprising Fujita Corporation, Tokyo Tatemono Co., Ltd., Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development and Yangon Technical & Trading Co., Ltd., a subsidiary of Ayeyar Hinthar Holdings Co., Ltd.

The Okura Prestige Yangon will be a luxury hotel offering approximately 390 rooms in downtown Yangon, a short walk from Yangon Central Railway Station and a short drive from the historic Shwedagon Pagoda.