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NEWS - Myanmar Revokes Licenses of
- Subject: NEWS - Myanmar Revokes Licenses of
- From: Rangoonp@xxxxxxx
- Date: Wed, 07 Jul 1999 17:35:00
Subject: NEWS - Myanmar Revokes Licenses of 2 Tourism Companies
Myanmar Revokes Licenses of 2 Tourism Companies
Xinhua
07-JUL-99
YANGON (July 7) XINHUA - The Myanmar tourism
authorities Wednesday revoked the licensees of two
private
tourism companies that allegedly violated the rules and
regulations of the country's hotels and tourism law.
The two companies are the Everest W Travels and Tours
Co. Ltd. and the New Butterfly Travel Services, sources
at
the Myanmar Directorate of Hotels and Tourism Services
said Wednesday.
In February last year, a total of 135 local private
tourism
companies had their licenses revoked for the same reason.
There are now one foreign company, 12 joint ventures and
508 local private companies running tourism services in
the
country.
There were 21 foreign-invested hotels and 439
local-invested motels, hotels and inns at the end of
March
this year, according to official statistics.
Other official statistics show that at the end of April
this year,
foreign investment in hotels and tourism projects in
Myanmar
amounted to 1.1 billion U.S. dollars.
A total of 340,123 foreign tourists came to Myanmar in
1998,
the statistics show. (DOES THIS INCLUDE THE 18
PRO-DEMOCRACY PEOPLE THAT THEY ARRESTED?)