Dusit Signs First Asai Hotel in Myanmar

Dusit, one of Thailand’s leading hotel and property development companies, has signed a hotel management agreement with Rich Mandalay Group to operate Asai Yankin, one of the first properties to be signed under Asai Hotels, Dusit’s new lifestyle brand.

Located in Yankin Township in the northern central part of Yangon, approximately 25 minutes by car from Yangon International Airport, Asai Yankin will comprise 111 rooms, measuring between 15 and 22 sqm.

A large mixed-use space will include a work space, leisure area, and a restaurant concept curated by local chefs. The hotel will also offer a gym and two retail floors highlighting local brands and products.

Following Asai’s official slogan, Live Local, the hotel will put guests within easy reach of nearby attractions such as Yankin Market, Fushan temple, and the lively restaurant scene of New University Road. Myanmar Plaza, Yangon's first international retail shopping center, is located right next to the hotel, and renowned attractions such as Shwedagon Pagoda, Kandawgyi Lake, and Yangon Zoological Gardens are only 20 minutes away by car.

Mr Thura Oo, Director, Rich Mandalay Group, said, “Combining international quality with a local flavour, from the food and drink, to the design and service, Asai Yankin will give travellers a taste of the real Myanmar, and we’re delighted to work with a company as renowned and respected as Dusit, and also be the first property in the country to carry this exciting brand which reflects our own company’s values.”

Alongside Asai Yankin, four more Asai properties are already confirmed in the pipeline. This includes three Asai Hotels in Cebu, Philippines (in Lapu-Lapu, Oslob, and the city centre); and a flagship Asai hotel in Bangkok, Thailand, in the city’s Sathorn district.

“Inspired by community, and driven by sustainability, Asai is designed to link millennial-minded travellers with authentic local experiences while having a positive impact, environmentally and socially,” said Mr Siradej Donavanik, Managing Director of Asai Holdings Co., Ltd., Dusit International. “Asai Yankin will be a fine showcase of these values, and we are delighted to partner with Rich Mandalay Group of Co.,Ltd to introduce the brand in this fascinating destination.”

Asai Hotels’ management team hopes to secure 10 more properties in the pipeline by the end of the year across Southeast Asia and Japan. This includes owned and joint venture properties as well as properties under hotel management agreements.

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