Logo of Phnom Penh Post newspaper Phnom Penh Post - VN company opens up a 4-star hotel in Siem Reap

VN company opens up a 4-star hotel in Siem Reap

Content image - Phnom Penh Post
TTC Hotel Premium-Angkor employees participate in a ribbon-cutting ceremony on Tuesday in Siem Reap. facebook

VN company opens up a 4-star hotel in Siem Reap

Vietnamese hospitality company TTC Group announced on Sunday that it has opened a hotel in Siem Reap, its first outside Vietnam, in a move sector insiders believe will lead to increasing numbers of tourists from that country.

The TTC Group’s subsidiary in Cambodia operates the TTC Hotel Premium-Angkor, a four-star hotel consisting of 84 rooms and four floors. The hotel was previously called Golf Angkor Hotel, before TTC bought and renovated it. No investment figures have been disclosed.

TTC Hotel Premium-Angkor sales manager Viet Sokny, who was retained after the purchase, said on Tuesday that the new hotel, with its Vietnamese owner, will prove advantageous in drawing visitors from that country. She noted that under the previous ownership, most of the hotel’s guests were from China.

“The Vietnamese tourist market has vast potential, and we hope to target them and other international tourists as well. We are linked to [the parent] company in Vietnam and cooperate to send each other guests,” she said.

Ministry of Tourism figures show that Cambodia received 5.6 million international arrivals last year. Of these, Vietnamese accounted for 835,335 visitors – second after China’s 1.2 million.

According to data from Angkor Enterprise, the state-owned agency that manages ticketing for the historic temple complex near Siem Reap, Angkor Wat received 2.5 million tourists last year, exceeding 2016 numbers by 12 percent.

Ho Vandy, secretary-general of the Cambodia National Tourism Alliance, said on Tuesday that having more operators to provide hospitality services in Cambodia would help accelerate the growth of the tourism sector in the Kingdom.

However, he wished to see Vietnam open up more opportunities for Cambodian investment in its tourism market.

“We welcome all investors from all destinations, but I’m suggesting that our Vietnamese counterparts ensure fair treatment for all.

“More Cambodian investors are looking to expand their businesses abroad, especially to Vietnam. So ensuring fair competition is needed,” he said.

MOST VIEWED

  • US to ramp up sanctions after ‘flawed’ national polls

    At a press conference on Wednesday, the US State Department announced that it would expand visa sanctions on the Cambodian officials and individuals it deems responsible for “undermining democracy” in Cambodia. At the briefing, spokesperson Heather Nauert reiterated that the department regarded the July 29 elections

  • Final poll results confirm first single-party Assembly

    IN an unprecedented situation in Cambodian politics, the official results of the July 29 national elections have declared that the Cambodian People’s Party (CPP) will take all 125 seats in the National Assembly on the back of it receiving 76 per cent of the votes. The National

  • Chinese influence to sweep Kingdom?

    Growing Cambodia-China ties have seen the latter’s influence sweep across the Kingdom through increased investments and tourism. The Asian giant has become the leading source of foreign funds in Cambodia, fuelling the construction sector with huge casino and hotel projects. Much of the growth

  • PM's Bodyguard commander hits back at US

    The commander of Prime Minister Hun Sen’s Bodyguard Unit (BGU) Hing Bun Heang on Sunday dismissed a short video clip that went viral on social media in which he says he is preparing for a war with the United States over its aggressiveness towards