Hilton Times City Yangon — Photo by Hilton

Hilton (NYSE: HLT) announced the signing of a management agreement with Myanmar partners Crown Advanced Construction Co. Ltd to operate a 308-key hotel near downtown Yangon, Myanmar. Set to launch under its flagship Hilton Hotels and Resorts brand, Hilton Times City Yangon marks the company's continual expansion in Myanmar and will be its first hotel in the Myanmar city when it opens in 2022.

The hotel is strategically located between Yangon International Airport and the central business district: a short 20-minute drive from the airport and 15-minute drive from downtown Yangon. Part of a mixed-use development, the hotel will comprise suites and a serviced apartment and sit alongside an office tower, high-end residential and a retail mall.

Hilton Times City Yangon will feature five dining outlets, including an all-day dining restaurant, one specialty restaurant, two bars and a Grab and Go outlet. Guests can hold meetings and events at the hotel's event spaces spanning nearly 1,250 square meters, including a ballroom of over 550 square meters. There will also be a business center, a fitness center and a spa, as well as a pool for guests to work out and unwind.

Hilton currently operates three hotels in Myanmar: Hilton Nay Pyi Taw, Hilton Mandalay and Hilton Ngapali Resort & Spa. In addition to Hilton Times City Yangon, the company has two hotels in the development pipeline that will open in Inle Lake and Bagan over the coming years.

Hotel website