Hotel101 Global Expands into Cambodia with Landmark Projects in Phnom Penh and Sihanoukville
Hotel101 Global Holdings Corp., a leading asset-light, prop-tech hospitality platform listed on the Nasdaq Stock Exchange, has entered into definitive agreements with Canopy Sands Development Co., Ltd., one of Cambodia's leading real estate developers, to develop two major hotel projects in Cambodia. The projects, located in Phnom Penh and Sihanoukville, are expected to be among the largest hotels in the country by room count. Hotel101-Phnom Penh will feature approximately 700 rooms across 30 floors, while the Sihanoukville project, Hotel101-Sihanoukville Bay of Lights, will offer around 680 rooms. These developments are part of Hotel101 Global's expansion strategy, which includes ongoing projects in Japan, Spain, and the USA. Upon completion by 2028, the Cambodian ventures are anticipated to generate significant sales revenue and contribute to the local economy through job creation and increased tourism.
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