Problem Travelers Faced in Myanmar

Travelers to Myanmar have faced an unusually difficult few months with packed flights and rising hotel rates, which some economists believe to be early signs of an inflated market as investors and tourists flock to the once-reclusive country.

Last week, the Ministry of Hotels and Tourism warned foreign-owned hotels to comply with new rules that say rates of standard hotel rooms in the country should not be higher than US$150. The measure was initially announced in late June to cool the overheated hotel market.

Source@WSJ

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