BUSINESS — New 5-star hotel to open in Naypyidaw

Pan Pacific Hotels Group (PPHG) has announced the opening of its second luxury hotel in Burma. The Parkroyal, located near the Myanmar International Convention Centre in Naypyidaw, will open its doors in April. According to a press release, PPHG anticipates that the Parkroyal will accommodate several upcoming international events in Naypyidaw as Burma exercises 2014 chairmanship of the regional bloc.