Philippine hospitality management firm Hotel101 Global entered into definitive agreements in order to bring the Hotel101 brand to Cambodia earlier today, 20th August.
The agreements were signed with leading Cambodian real estate developer Canopy Sands Development Co, Ltd and will entail the development of two Hotel101 projects in Cambodia.
These upcoming properties are expected to be among the largest hotels in the country by number of rooms upon completion.
These two Hotel101 projects in Cambodia are expected to generate US$109.55 million in sales revenue once fully sold.
Likewise, these are part of Hotel101 Global’s ongoing global expansion strategy, which includes its first three overseas projects under development in Niseko, Japan; Madrid, Spain; and Los Angeles, USA on top of affiliate Hotel101 hotels in the Philippines.
The two Cambodian projects are set for completion by 2028, eventually contributing to Cambodia’s economic growth through job creation, foreign investment, and increased tourism, whilst attracting both local and international buyers under Hotel101’s hassle-free hotel unit ownership model.
Two exceptional developments
The upcoming landmark developments mark a pivotal step in Hotel101 Global’s long-term vision to operate 1 million hotel rooms across 100 countries.
As stated above, Hotel101-Phnom Penh and Hotel101-Sihanoukville are jointly expected to generate US$109.55 million in sales revenues.
A new star rises in Phnom Penh
Hotel101–Phnom Penh, set to rise on 2,033 square metres of prime commercial land, is located in the Tonlé Bassac district of Phnom Penh, a vibrant riverfront economic and cultural hub.
With a capacity of approx 700 rooms, this hotel is expected to be one of Cambodia’s largest hotels by number of rooms.
Located near the upscale expatriate and corporate enclave Boeung Keng Kang (BKK), Hotel101–Phnom Penh is expected to feature Hotel101’s standardized 21sqm “HappyRoom” units, equipped with kitchenettes, alongside a range of signature amenities that include a swimming pool, fitness gym, all-day dining, a business centre, function rooms, and commercial spaces.
The property’s prime location positions the hotel to capture Phnom Penh’s growing demand for business and leisure accommodation.
That said, this project is expected to enhance the current hospitality offering that are already operating in Phnom Penh, Cambodia.
A grand addition to the Sihanoukville scene
On the other hand, Hotel101–Sihanoukville is set to rise on 4,623sqm of prime commercial land within the Bay of Lights, a groundbreaking US$16 billion, 934-hectare master-planned coastal development led by Canopy Sands Development in Sihanoukville, a key growing tourism hub with stunning beaches.
With nearly 700 rooms, Hotel101–Sihanoukville is expected to be the largest hotel in Sihanoukville in terms of number of rooms and is expected to feature the same standardized Hotel101 “HappyRoom” units and amenities as other Hotel101 properties globally.
Likewise, Hotel101–Sihanoukville is strategically positioned right beside the proposed international convention and exhibition center in the Bay of Lights development.
The new property is further enhanced by its proximity to the Sihanoukville airport, the third largest international airport in Cambodia.
It is also expected to complement Sihanoukville’s array of hotel offerings which presently include global brands like Accor’s Novotel and Wyndham.
