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Hotel101 Global Entered Into Definitive Binding Agreements to Develop Hotel101 in Cambodia
Hotel101 plans two large hotels with about 1,380 rooms in Cambodia to boost tourism and generate $109.55 million in sales, supporting economic growth and job creation.
- Hotel101 is developing two projects in Cambodia, including Hotel101 Phnom Penh on 2,033 square meters, which will have approximately 700 rooms.
- The second project, Hotel101 Sihanoukville, will feature about 680 rooms on 4,623 square meters in a masterplanned development.
- DoubleDragon anticipates generating $109.55 million in sales revenue from the projects, contributing to economic growth through job creation and increased tourism.
- Hotel101 Global plans to achieve one million hotel rooms across 100 countries, with these developments marking significant progress towards that goal.
15 Articles
15 Articles
Hotel101 expands to Cambodia with projects in Phnom Penh and Sihanoukville
DoubleDragon told the stock exchange on Wednesday that Canopy Sands Group would be building two Hotel101s that expected to be among that country’s largest by number of rooms upon completion.
Hotel101 to open 2 hotels in Cambodia by 2028 - BusinessWorld Online
HOTEL101 GLOBAL Pte. Ltd., the Singapore-based unit of DoubleDragon Corp. (DD), is building two hotel projects in Cambodia that are slated for completion by 2028. Hotel101 entered into definitive agreements with Cambodian real estate developer Canopy Sands Development Co. Ltd. to develop the 700-room Hotel101-Phnom Penh and the 680-room Hotel101-Sihanoukville, the company said in an e-mailed statement on Wednesday. The two projects are expected …
Hotel101 cues debut in Cambodia
MANILA, Philippines — Homegrown condotel chain Hotel101 of tycoons Edgar Sia II and Tony Tan Caktiong will enter the Cambodia market. Around P6.3 billion in sales revenue is expected from two projects. DoubleDragon Corp., the parent firm of Hotel101 Global Pte. Ltd., on Wednesday said in a disclosure its subsidiary had entered into agreements with
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