Rangoon to sue defaulting hotels

Reporter: Chai Sayam

Some 20 foreign hotels in Burma are facing legal action from the military government for their failure to submit their annual payments, according to sources from the border.

Courtesy: Myanmar.com

The first one to run the gauntlet is said to be the Japanese-owned, 193-roomed Thiripyitsaya Sakura Hotel in the ancient city of Bagan. Until the end of 2004, it has been running $ 1.42 million behind its payable amount. The total collective debt has now reached more than $ 36 million, said the sources.

The debit has been blamed on the government's failure to attract more tourists visiting the country.

Tachilek itself has two Thai-invested hotels: Golden Triangle Resort and Allure.

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