Cambodia's Koh Rong Island attracts international hotel investment

In Cambodia's Preah Sihanouk province, Koh Rong island is set to get a 148-room five-star villa-style hotel courtesy of The Royal Group (a local company), in partnership with a Thailand-based Swiss investor. 

According to the Phnom Penh Post, the new villa-style resort will be called Royal Sands Koh Rong Resort, and will cost $40 million during the first phase of construction. The hotel will be completed by December 2016.

The Royal Group was granted a 99-year concessional contract by the Cambodian government to develop the island in 2008.

Virtual Event


Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.

Ho Vandy, an adviser to the Cambodia Chamber of Commerce, said an increasing number of tourists (most of them international) traveling to Koh Rong had resulted in new investments. Cambodia's Tourism Ministry estimates that 47,000 tourists visited Koh Rong during the first nine months of the year, largely dominated by foreign visitors, with local tourists accounting for only 17,000.


Suggested Articles

Hotel Equities transitioned and assumed operations of The Witness Group’s portfolio earlier this month.

During a conference call hosted by advocacy organization Economic Innovation Group, industry leaders emphasized the need for immediate fiscal help.

The deal would have had NHT Operating Partnership acquire all of the outstanding equity interests of Condor via a merger valued at $318 million.