Asia
WA Hospitality forays into Cambodia’s casino sector
Malaysian hotel operator WA Hospitality has announced the plans to enter Cambodia’s casino and hospitality market through a partnership with Won Majestic, a well-known real estate developer in Cambodia.
Both the companies have signed a memorandum of understanding for the purpose.
The property is being developed. It will feature will feature a five-star hotel, 270 apartment units, 313 grade A offices, retail spaces, a 2,500-square-meter casino, food and beverage outlets offering a wide variety of food—from Chinese to Western cuisine, and a sky bar overlooking the city of Sihanoukville. With its 28 stories, the resort’s building will soar 120 meters above ground.
WA Hospitality was established in 2015 as a subsidiary of UK travel and hospitality group World Avenues. Its agreement to operate the Sihanoukville resort represents the first international contract won by WA Hospitality.
Commenting on their entry into Cambodia’s hospitality market, WA Hospitality Executive Director Ally Bhoonee said that Won Majestic will not be the “typical casino hotel” and that their concept for the property involves offering “entertainment and excellent personalised service.” The executive went on to say that they expect 80 per cent hotel occupancy during the resort’s first year of operation and that they will be targeting upmarket free independent travellers from China and Southeast Asia.
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