Hotels and Tourism sector has attracted domestic investments of over K180 billion in the half of the current financial year 2019-2020, according to the Central Statistical Organization.

The domestic investments in Myanmar’s hotels and tourism sector stood at K202.37 billion in the 2014-2015FY, K434.67 billion in the 2015-2016FY, K132.9 billion in the 2016-2017FY, K341.6 billion in the 2017-2018FY, K129.5 billion in the 2018 mini-budget period (Apr-Sep) and K173.23 billion in the 2018-2019FY, totalling over K1,414 billion.

The tourism sector is the worst affected of all major economic sector due to the outbreak of the pandemic. The tourism sector completely stopped and all the stakeholders in the hotels and tourism industry are experiencing financial hardship and unemployment.