Shangri-La to open Phnom Penh hotel

Shangri-La to open Phnom Penh hotel

Hong Kong-based Shangri-La International Hotel Management Ltd is set to manage its first hotel in Phnom Penh.

Local development firm, Oxley Gem (Cambodia) Co this week granted Shangri-La a 60-day period to negotiate the management of the hotel to be located in the capital’s Chamkarmon district. Construction of the hotel is expected to commence in 2015 and be completed by 2019.

The hotel is expected to house about 300 rooms, a shopping centre and office spaces, according to a joint press statement issued on October 23.

Shangri-La president and CEO Greg Dogan said the new development is part of his firm’s regional expansion strategy.

“Given Shangri-La’s well-established presence in Southeast Asia, we are excited to add a property in Phnom Penh to our portfolio and further expand our offerings in the region,” Dogan was quoted saying in the press statement.

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