SINGAPORE/BANGKOK -- Keppel Corp. will sell the Sedona Hotel Yangon for $57.4 million as Myanmar's hospitality industry struggles to rebound from the double blow of the coronavirus pandemic and the 2021 military takeover.
Property
Singapore's Keppel sells upscale Myanmar hotel for $57m
Hospitality industry hammered by pandemic and military takeover
The Sedona Hotel Yangon shuttered its doors during the coronavirus pandemic. (Photo obtained by Nikkei)
Read Next
Latest on Property
