DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and Sihanoukville

DoubleDragon’s Hotel101, a fast-growing condotel, is expanding itself by entering the Cambodian market. The company has signed an agreement with Canopy Sands Development Corporation Ltd., a local real estate developer in Cambodia. This deal allows Hotel101 to build two new hotels on prime land owned by Canopy Sands, marking a significant step in the brand’s global expansion.

• Hotel101-Phnom Penh: Located in the vibrant Tonlé Bassac district, a riverfront economic and cultural hub near the upscale Boeung Keng Kang (BKK) district, this hotel will rise on a 2,033-square-meter plot. With approximately 700 rooms across 30 floors, it is set to become Cambodia’s largest hotel by room count upon completion in 2028. Featuring Hotel101’s standardized 21-square-meter “HappyRoom” units with kitchenettes, plus amenities like a swimming pool, fitness gym, all-day dining, business center, function rooms, and commercial spaces, it will cater to both tourists and business travelers.
• Hotel101-Sihanoukville: Situated within the $16 billion, 934-hectare Bay of Lights coastal development, Hotel101-Sihanoukville will feature around 680 rooms on a 4,623-square-meter plot. Positioned next to a proposed international convention and exhibition center and just a 5-minute drive from Sihanoukville’s international airport, this hotel will be the largest in Sihanoukville by room count. It will offer the same signature “HappyRoom” units and amenities, appealing to visitors seeking relaxation in this booming tourism hub.

Further reading: Why Sihanoukville Is Cambodia’s Top Destination for Infrastructure Investment

Both hotels are designed to reflect Hotel101’s signature condotel model, which combines the comforts of a condominium with the services of a hotel, appealing to a wide range of guests! DoubleDragon has also set a target to complete both Hotel101-Phnom Penh and Hotel101-Sihanoukville by 2028, contributing to Cambodia’s tourism growth and economic development while creating jobs and attracting visitors.

Tom O’Sullivan, CEO of Realestate.com.kh, said: “Realestate.com.kh is proud to partner with Hotel101 on the sales and marketing of the project. Hotel101 has a proven model that has already delivered strong returns for investors in markets such as their property in Madrid. We see the same potential here in Cambodia, with both Phnom Penh and the coastal areas showing strong demand for this style of hotel. It’s an exciting opportunity to introduce a trusted global brand to the local market.”

How does this investment opportunity work?

Cambodia welcomed over 6.7 million international visitors in 2024, with tourism expected to grow further with the opening of the Techo International Airport (KTI) in Phnom Penh on September 9, 2025. Hotel101’s condotel model offers a unique investment opportunity:

• Buy a Unit: Investors purchase individual hotel rooms, similar to owning a condominium.
• Hotel Management: A professional international management company operates the properties under the “Hotel101” brand.
• Revenue Sharing: Rental income from guests is pooled and distributed among unit owners, ensuring earnings even if your specific room is unoccupied.
• Proven Rental Returns: Hotel101’s international projects, such as in Madrid, Spain, have delivered stable yields, with an average ROI of 7.56% last year and occupancy above 82%.
• Capital Appreciation: Investors can benefit from potential property value growth as Cambodia’s tourism and real estate markets expand.
• Flexible Usage: Owners receive 10 complimentary nights per year, 5 nights in their own unit’s hotel and 5 nights at any Hotel101 location globally.

Why Invest in Hotel101 Cambodia?

• Affordable entry price compared to traditional hotel investments
• Hands-off ownership with fully managed operations
• Transparent revenue-sharing system
• Exposure to Cambodia’s booming tourism market
• Backed by Hotel101’s proven international track record

The partnership with Canopy Sands Development leverages their local expertise and sales network, ensuring seamless project execution. These projects are expected to generate $109.55 million (PHP 6.3 billion) in sales revenue, contributing to Cambodia’s economic growth through job creation and tourism.

Pre-register your interest now at realestate.com.kh to secure the best price and seize this opportunity for passive income and long-term growth in one of Southeast Asia’s most dynamic markets!