The luxury hotel Kandawgyi Palace Hotel in Yangon was engulfed in flames in the wee hours on 19th October. The cause of the fire is being attributed to electrical sparks. As per reports, one person was killed and several injured.
The beautiful Kandawgyi Palace Hotel, located on the banks of the Kandawgyi Lake in Myanmar, was previously the site of the Rangoon Rowing Club. Having lived out its various avataars, in 1993 it was designed in the spirit of golden-teak Thai architecture. It is being operated by Htoo Group of Companies. Burmese business tycoon TayZa is the Chairman of Htoo Group of Companies, Myanmar.