The Peninsula
The Peninsula Yangon
Peninsula's first Myanmar hotel, set inside the restored former Myanmar Railways headquarters — a heritage rebuild that has stalled rather than stopped.
First look
This is The Peninsula's only known pipeline project, and it is the unusual case of a hotel we are tracking precisely because it has not moved. The plan is to put roughly 88 rooms inside the restored former Myanmar Railways headquarters in Yangon — a heritage conversion under a joint venture between HSH Group, which holds 70 percent, and Yoma at 30 percent. Work began back in 2014 with an original target of 2022.
Then it stalled. Construction was suspended in mid-2021 following the coup, and as of 2026 HSH CEO Clement Kwok has said the environment is 'not suitable' to complete the project. There is no confirmed completion date. On paper a restored railway HQ is exactly the kind of building worth writing about, but for now we are watching for any signal that work has restarted rather than treating this as a slated opening.
Not yet scored. We publish a Fat Score only once a hotel is open and real guests have stayed and written about it — this is a first look, not a verdict.
Open now
What you can book today
The Peninsula Yangonis still under wraps. Here's what's already open and scored in our collection — more from The Peninsula, and nearby in Myanmar.
From the desk
Get the first-look verdict
We publish our verdict the week The Peninsula Yangon opens. Get it in the monthly note, before the rest of the internet catches up.
More anticipated openings
All openings
Aman
AsiaAman Niseko
— Japan's fourth Aman, on the slopes
A ski retreat on the slopes of Mount Moiwa in Hokkaido's powder capital — Aman's fourth address in Japan, and its first dedicated to winter.
Expected
2030

Park Hyatt
AsiaPark Hyatt Phu Quoc
— Park Hyatt's first resort in Vietnam
Park Hyatt's first resort in Vietnam lands on Phu Quoc with around 110 rooms plus villa residences.
Expected
Early 2026

Mandarin Oriental
AsiaMandarin Oriental, Suzhou
— A lakeside debut on the east bank of Suzhou's Jinji Lake
Mandarin Oriental is opening on the east bank of Suzhou's Jinji Lake in 2026, a 146-room lakeside property announced in early 2025.
Expected
2026



