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Hyatt announces plans for a Hyatt Regency Hotel in Phnom Penh Cambodia

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Chip Mong Group for a Hyatt Regency hotel in Cambodia’s capital, Phnom Penh.

Hyatt announces plans for a Hyatt Regency Hotel in Phnom Penh Cambodia

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Chip Mong Group for a Hyatt Regency hotel in Cambodia’s capital, Phnom Penh.

Category: Asia Pacific - Cambodia - Industry economy - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2016-09-22


Expected to open in 2020, Hyatt Regency Phnom Penh will mark the first Hyatt Regency hotel in Cambodia, and will add to Hyatt’s growing footprint in Southeast Asia.

“We are delighted to bring the Hyatt Regency brand to Phnom Penh and Cambodia, and we are honored to begin our relationship with Chip Mong Group,” said David Udell, group president – Asia Pacific, Hyatt Hotels Corporation. “As Phnom Penh continues to become known as a destination for art, culture, tourism and business, we are confident that the globally recognized Hyatt Regency brand will resonate with business and leisure travelers visiting the country. Furthermore, we believe the hotel will play a vital role in the city’s development and will become a landmark in the city and a dynamic member of the local community.”

Hyatt Regency Phnom Penh will deliver on the modern expectations of today’s travelers and meeting planners. The 250-room hotel will feature authentic food and beverage offerings and will serve as the perfect venue for a variety of events such as weddings, social banquets, exhibitions, meetings, and conferences. Additionally, the hotel will offer a fitness center, spa and a rooftop swimming pool and bar, featuring views of the Royal Palace and the Mekong and Tonlé Sap Rivers.

Hyatt Regency Phnom Penh will be located directly across from many of the city’s most popular tourist attractions, including the National Museum and the Royal Palace, as well as cafés, restaurants and art galleries in the area.

Hyatt Regency

The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 168 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations. The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including notable culinary experiences; technology-enabled ways to collaborate; the space to work, engage or relax; and expert planners who can take care of every detail.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 12 premier brands and 667 properties in 54 countries, as of June 30, 2016. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Andaz, Hyatt Centric, The Unbound Collection by Hyatt, Hyatt Place, Hyatt House, Hyatt Ziva, Hyatt Zilara and Hyatt Residence Club brand names and have locations on six continents.

About Chip Mong Group

Chip Mong Group Limited is a leading conglomerate in Cambodia with a diverse portfolio ranging from the manufacturing of construction materials, property development as well as the production of beverage and consumer products. To meet the growing demands of the market, the Group operates assets including cement, concrete and rooftile plants as well as a brewery equipped with state-of-the-art German technology.

Chip Mong Group is the majority shareholder of Ching Mong Insee Cement Corporation, the largest cement manufacturer in Cambodia. This newly established joint venture between Chip Mong Group and Siam City Cement Public Company Limited in Thailand supplies premium cement products for projects around the country.

Chip Mong Group also owns Khmer Brewery Limited, the largest beverage manufacturer in the country. Khmer Brewery Limited produces a diverse variety of beverage products including beer, soft drinks and energy drinks for the Cambodian market. The Group formed a can manufacturing joint venture with Singapore-based Crown Asia Pacific Holdings Limited to cater to the needs of the brewery.

Chip Mong Land, a prominent and renowned real-estate developer under the Group, offers a wide variety of luxury properties to meet the needs of premium consumers.



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