Global Hospitality Firm, Banyan Group, Sets Ambitious 2024 Entry into to Cambodian Market

Banyan Group, a hospitality juggernaut managing 12 global brands, has unveiled its monumental expansion plans for 2024, reinforcing its commitment to diverse and unparalleled luxury experiences across 22 countries, according to Travelbizmonitor on 13 January 2024. In an audacious move, Banyan Group is set to introduce 19 new properties and residences in Cambodia, China, Japan, […]

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Cambodia’s Coastal Wealth: Minister of Land Envisions $2 Billion Annual Contribution

In a visionary statement, His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction (MLMUPC), revealed the immense economic potential of the Cambodian Sea, projecting a substantial annual contribution of approximately US$2 billion to the nation. The declaration came during a pivotal meeting on 8 January 2024, convened […]

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Majestic 45-Metre-Tall Buddha Statue Soars as Construction Commences in Kep Province

The construction of the awe-inspiring 45-metre-tall “Buddha of Forgiveness” has commenced in Kep province. The groundbreaking event was presided over by Samdech Men Sam An, Personal Adviser to the King of the Kingdom of Cambodia which was held on 9 January 2024, marked the initiation of this monumental project, situated in Kep village, Sangkat Kep, […]

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Cambodia Airways Elevates Connectivity with Launch of Phnom Penh-Chongqing Flights

In a strategic move to enhance trade links with China and bolster tourism, Cambodia Airways inaugurated direct flights from Phnom Penh to Chongqing on 6 January. The twice-weekly round-trip flights, operational on Mondays and Saturdays, aim to fortify ties between Cambodia and China, especially in the aftermath of the global crisis, according to Tin Media […]

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ASEAN Tourism Rankings 2023: Malaysia Takes the Lead, Thailand Secures Second Spot, Followed by Vietnam

Southeast Asia experienced a stellar revival in its tourism sector throughout 2023, with Malaysia emerging as the frontrunner in welcoming international visitors, boasting an impressive 26 million foreign tourist arrivals from January to November. Following closely, Thailand welcomed approximately 24.6 million tourists during the same period, underscoring the robust rebound of its tourism sector. Vietnam […]

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Thai International Hospitality Giants Set to Make Global Impact in 2024

The resurgence of global tourism has propelled Thai hospitality powerhouses to venture beyond domestic boundaries, seizing opportunities in thriving international destinations. The preceding year witnessed robust profitability for many hotel management firms, with several surpassing pre-pandemic average daily room rates, particularly in prime global locations, according to the Bangkok Post on 2 January 2024. Minor […]

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Angkor Ticket Sales Earn More Than US$37m Revenue in 2023

Cambodia garnered a remarkable US$37,198,988 from the sale of Angkor tickets in the first 12 months of 2023. This staggering revenue, earned from 798,069 foreign tourists, reflects a remarkable 222.68% surge compared to the same period in 2022, according to the Angkor Institute updated reports on 1 January 2024. The allure of Angkor Wat continues […]

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Cambodia’s Tourism Soars: Nearly Half a Million Chinese Tourists in 2023

In a remarkable surge for Cambodia’s tourism sector, the first 11 months of 2023 witnessed an influx of 498,250 Chinese tourists, constituting a noteworthy 10.1% of the total international tourist arrivals, according to the publication of the Chinese news website XINHUANET on 25 December 2023. A report by the Cambodian Ministry of Tourism indicates that […]

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Japan Extends Generous Grant of US$300,000 to Safeguard Historic Sambor Prei Kuk Resort

In a gesture of cultural preservation, the Government of Japan has announced a generous grant of US$300,000 to Cambodia for the enhancement and rehabilitation of the Sambor Prei Kuk resort in Kampong Thom province. A press release from the Embassy of Japan in Cambodia on 12 December 2023, highlighted Japan’s commitment to supporting the “Human […]

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Grand Unveiling: Siha Hotel & Casino, Malaysia’s US$50m Marvel, Shines in Sihanoukville

On 3 December 2023, Siha Hotel and Casino, a lavish investment worth US$50 million nestled in Group 14, Village 1, Sangkat 3, Sihanoukville, was inaugurated by HE Kouch Chamroeun, Governor of Preah Sihanouk Province. Expressing admiration for Malaysia’s significant investment in Sihanoukville’s hospitality sector, HE Kouch Chamroeun highlighted the strategic decision by Malaysian investors to […]

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