Five-star Myanmar hotel to reopen under new owner

Yangon landmark returns after pandemic, military takeover halted operations

20231129 Myanmar luxury hotel 1

The Sedona Hotel Yangon has almost 800 guest rooms. (Photo by Nikkei)

SADACHIKA WATANABE and MAYUKO TANI, Nikkei staff writers

YANGON/SINGAPORE -- The Sedona Hotel Yangon in Myanmar is set to reopen Friday after an extended shutdown due to COVID-19 and the military's 2021 takeover of the government, with limited demand expected from business travelers and well-off domestic customers.

The property was sold earlier this year by Singaporean state-backed conglomerate Keppel Corp. to hospitality investment firm Spring Blossom Ventures, which is also based in Singapore and will resume the hotel's operation on its own.

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