Hilton to open its first hotel in Phnom Penh by 2022

Hilton has recently signed a management agreement with real estate firm GFC to open the first Hilton hotel in Phnom Penh by 2022, according to a report in TGG Asia.

Located 9 kilometres from Phnom Penh International Airport, the Hilton Phnom Penh will be a mixed-use development comprising of 280 guest rooms.

The property will also include other amenities such as a restaurant, café, bar, lounge, fitness centere, swimming pool, and other functional spaces.

Paul Hutton, vice president, operations, South-east Asia, Hilton, told TGG Asia that Cambodia is one country in the region with great potential for hospitality investment

“Cambodia is primed for growth, having experienced the third largest increase in the number of international tourists in ASEAN last year – behind only Vietnam and Indonesia. We believe the strength of the Hilton brand will go a long way in helping to boost Phnom Penh as a tourism destination,” said Hutton.

Guy Phillips, senior vice president, development, Asia & Australasia, Hilton, quoted in the same source, also expressed his optimism for entering the Cambodian hospitality market.

“Cambodia as a destination is on a growth trajectory, with global businesses establishing a presence in the capital city and the government investing into its infrastructure to boost its tourism appeal,” said Phillips.

Currently, Hilton operates 39 properties across Southeast Asia, and the firm is expecting to open 54 more hotels in next three to five years.

Regarding the hospitality sector in Cambodia, local experts are encouraging more hotel investment in Cambodia as the tourism industry is growing rapidly. (Read more)

As Cambodia is aiming to attract around 15 million international tourists by 2030, the country will need an additional 100,000 hotel rooms by 2028.  (Read more)

- Video Advertisement -

Related Post

Borey Peng Huoth Unveils Morakot Village: A New Era of Modern Living Begins in Phnom Penh

Borey Peng Huoth, a leader in residential development, is thrilled to announce the highly anticipated opening of its latest project, Morakot Village. Set to revolutionize the housing landscape in Phnom Penh, this new endeavor showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-meter road, Morakot Village […]

Cambodia-Thailand Trade Relations Soar to New Heights in 2024

In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]

Cambodia to Construct Four New International Border Crossings to Enhance Connectivity

In a significant move to boost regional connectivity, the Cambodian government plans to establish four new international border crossings in Kratie, Takeo, Tboung Khmum, and Ratanakkiri provinces. This decision was announced during a recent meeting chaired by H.E. Peng Po Nea, Minister of Public Works and Transport, held on March 3, 2025. The meeting focused […]

Chinese Investors Eye Expansion in Cambodia: 19 Companies Explore Opportunities

In a significant development for Cambodia’s investment landscape, a delegation comprising representatives from 19 Chinese companies convened with officials from the Council for the Development of Cambodia (CDC) to discuss potential investment opportunities. The meeting took place on March 11, 2025, and was led by Mr. Liu Yong, President of the Young Investors Association in […]

Cambodia Sees Surge in Investment Projects, Approving 112 Initiatives in Two Months

In a notable boost to its economic landscape, Cambodia has approved 112 new investment projects totaling over USD 1 billion in the two months from January to February 2025, according to the latest report from the Council for the Development of Cambodia (CDC). This wave of investment is projected to create more than 70,000 jobs, […]

Cambodian Government Extends Property Tax Exemptions for New Cities and Agricultural Land

In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 […]