Promenade Siem Reap

Boutique Hotel management is seeking a development partner interested in a high-return real estate investment based on a renovation of 3-star hotel.
The project’s key advantage is its prime location in Siem Reap’s historic district, just 15 minutes from the UNESCO-listed Angkor temple complex, Cambodia’s main attraction, and within walking distance of the city center and the popular Pub Street tourist area.
Siem Reap, Cambodia’s cultural capital, is the country’s leading tourism hub and a stable destination for investment, attracting over 2.6 million temple visitors annually.

Project Concept

The project concept envisions expanding the development site through the acquisition of adjacent land plots, followed by a full-scale reconstruction and transformation of the existing infrastructure into a multifunctional apart-hotel with three apartment types: The architectural and planning solutions of the complex will establish a pedestrian route linking Preah Sihanouk Avenue, the city’s hotel street, with the River Side recreational zone. This will enhance accessibility and attractiveness of the apart-hotel while also creating potential for further development opportunities by the project company. The project is based on the use of renewable energy sources and energy - efficient solutions, which will be seamlessly integrated into the landscape, help reduce operating costs and develop the infrastructure of an entire area of the district.
Internal Rate of Return
35%
Execution Period
2025 – 2032
Payback Period
November 2028

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