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Yangon's Shangri-La suspends operations

YANGON, 19 January 2021: The five-star Sule Shangri-La Hotel joins around 1,000 hotels, 1 February, that have been forced to temporarily close due to the economic fallout of the Covid-19 pandemic.
Owned by the Hong Kong-headquartered Shangri-La Group the property opened in 1993 as the Traders Hotel with 470 rooms making it the largest hotel in the city. It rebranded in 2014 following an upgrade to the group’s top category Shangri-La.
According to a report in Irrawaddy online news more than
1,000 hotels, around half of the total hotels registered in Myanmar, have now
suspended business operations since the initial Covid-19 outbreak last March.
All international commercial flights have been grounded ....

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Myanmar's Shangri-La Hotel Temporarily Closes Amid COVID-19 Impact

Myanmar’s Shangri-La Hotel Temporarily Closes Amid COVID-19 Impact
The five-star Sule Shangri-La Hotel in Yangon. / Htet Wai / The Irrawaddy
3.2k
By Zaw Zaw Htwe 14 January 2021
Yangon – The five-star Sule Shangri-La Hotel in Yangon is the largest of more than 1,000 hotels in Myanmar to temporarily close due to COVID-19.
The Hong Kong-based Shangri-La Group invests in real estate and operates more than 100 hotels and resorts in 76 global destinations.
It is part of Malaysia’s Kuok Group, one of Asia’s most powerful multinational conglomerates with assets in property, logistics, agribusiness, maritime and hospitality.
The hotel, formally known as the Traders Hotel, at the corner of Sule Pagoda and Bogyoke Aung San roads in central Yangon city, was the tallest building in Myanmar from 1996 to 1999. The 470-room hotel was rebranded in 2014. ....

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