Hilton Worldwide has announced its entry into the Burmese market with the signing of a management agreement with LP Holding Co. Ltd to manage Hilton Yangon in Kyauktada Township, Yangon, Myanmar. The first Hilton Worldwide property in Myanmar, the 300-room Hilton Yangon will also be the first Hilton Hotels & Resorts branded hotel and is scheduled to open in 2014.
The 21-storey Hilton Yangon is 14.3 kilometers away from Yangon International Airport and is part of Centrepoint Towers, a mixed-use development which includes high-end retail boutiques and an office tower. Located at No. 65, the corner of Sule Pagoda Road and Merchant Street in the Kyauktada Township, the hotel is located opposite Yangon's High Court building and the Independence Monument Park. As the one of the tallest commercial building in the city, hotel guests will enjoy 365-degree views of greater Yangon and accessibility to the downtown Colonial quarter and business district of the city.
Hilton Yangon will offer one all-day dining restaurant, two specialty restaurants, a destination sky bar and a lobby lounge. Offering a total of 1,400 square meters (15,069 square feet) of event space including a 850-square meter (9,149 square foot) ballroom, the hotel will also have an Executive Floor, a business center, a fitness center, a pool, a spa and car park facilities.