Myanmar Tourism Q4 2019
Myanmar’s deteriorating reputation suggests that the country may struggle to strengthen its economic ties to the Westover the short term. While there are few available statistics on Myanmar’s tourism industry, anecdotal evidence suggests thattourism from Western countries has been severely curtailed over recent quarters, a sharp reversal of fortune after several years ofrapid growth. However, regional tourism is soaring with the relaxation of visa restrictions, especially from China, and we expect this tocontinue. Strong government support for the industry and sustained levels of capital expenditure will be necessary to unlockorganic growth potential over the medium- and long-term.
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