DoubleDragon Corp, through its hotel unit Hotel101 Global Pte. Ltd., is expanding in Cambodia with the planned development of two large-scale hotels.
Hotel101 signed agreements with Canopy Sands Development Co. Ltd., one of Cambodia’s leading real estate developers, to develop two Hotel101 projects in the country, DoubleDragon said in a disclosure to the stock exchange Wednesday.
Once completed, the two properties—Hotel101-Phnom Penh and Hotel101-Sihanoukville—are expected to be among Cambodia’s largest hotels in terms of room count.
The two developments are projected to generate $109.55 million in sales revenue, the company said.
Hotel101-Phnom Penh will feature about 700 rooms across 30 floors on a 2,033-square-meter lot in Tonle Bassac, a riverfront economic and cultural district near the upscale BKK area.
Hotel101-Sihanoukville will have around 680 rooms and will be located on a 4,623-square-meter site next to the planned international convention and exhibition center within the master-planned Bay of Lights coastal development.
Both hotels will feature Hotel101’s standardized 21-square-meter “HappyRoom” units with kitchenettes, as well as amenities such as a swimming pool, fitness center, all-day dining, a business center, function rooms and commercial spaces.
Jenniffer B. Austria
“Cambodia is seen as a lucrative market for Hotel101 as the country was reported to have received a total of over 6.7 million international visitors in 2024, and is expected to further grow with the upcoming opening on Sept. 9, 2025 of the new Techno International Airport (KTI) in Phnom Penh,” DoubleDragon said.
Cambodia is the sixth country Hotel101 has expanded into, following the Philippines, Japan, Spain, the United States and Saudi Arabia.
The expansion supports the company’s long-term vision to operate 50,000 rooms in the Philippines and 1 million rooms worldwide across 100 countries.
The global expansion of Hotel101 is expected to eventually become one of the major U.S. dollar inflow generators for the Philippine economy.
