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Thursday, June 07, 2007

ACCOMMODATION - Sokha expansion

TTGasia.com, Jun 1 - 7, 2007

Sokha Hotels and Resorts is set to embark on a major expansion that will see Cambodia’s first and only hotel chain investing upwards of US$250 million in developing three mega hotel and residential complexes in the country within the next three years.
Assistant managing director, Mr Hin Samnang, said Cambodia’s strong tourism growth and high business demands had pushed Sokha to accelerate its expansion plans to complete its network of hotels in major destinations in Cambodia.
It now owns and manages the 276-room Sokha Angkor Siem Reap and 176-key Sokha Beach Sihanouk Ville. Sokha plans to spend US$100 million developing a high-end property comprising a hotel, condominiums, serviced apartments, residential villas and a shopping arcade. The project will be located on a 20-hectare riverfront peninsula of Phnom Penh’s Tonle Sap River. Mr Samnang said the hotel would be of five-star standard with 500 rooms, Sokha’s Jasmine Spa and five f&b outlets. It would also have the largest ballroom in Phnom Penh at 3,500m2.

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