Carter Group to Invest in Pro-invest APAC Value-add Hotels Fund, Keppel Land Sells Sedona Hotel Yangon for USD57.4 Million, Loadstar Capital Acquired Akasaka’s Hotel Rex, Kasumigaseki Capital to Launch Private Fund for Hotel Development, Weave Living has Opened its First Location in Singapore.
As Myanmar's hotel industry struggles to recover from the double whammy of the coronavirus pandemic and the 2021 military takeover, Keppel Corporation will sell Sedona Hotel in Yangon for US$57.4 million, Nikkei Asia reported.