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​Vietnam’s TTC Hospitality opens first hotel in Cambodia

​Vietnam’s TTC Hospitality opens first hotel in Cambodia

Monday, May 28, 2018, 16:56 GMT+7

Thanh Thanh Cong Tourist Joint Stocks Company (TTC Hospitality - HOSE: VNG), a member of Vietnam’s TTC Group, has officially opened its TTC Hotel Premium - Angkor in the Cambodian city of Siem Reap.

This is the first four-star hotel of TTC Hospitality in the overseas market.

Developed in harmony with the peaceful, ancient view of Siem Reap, TTC Hotel Premium - Angkor is decorated in a traditional Khmer style, with a touch of modernity and comfort, featuring a Presidential Suite and 84 four-star standard rooms.

In addition, TTC Hotel Premium - Angkor offers luxurious and classy services such as restaurants, bars with personalized and weather-customized menus, swimming pools, commodious conference rooms and banquet space to organize entertainment activities and parties.

Other features include limousine shuttle service, flight booking, and tour packages for individual, family and corporate guests.

These generate the attraction and difference of the brand TTC Hospitality during its first approach to the international market.

TTC Hotel Premium - Angkor was renovated from Golf Angkor in March 2018.

The overhaul, involving equipment investment, staff training and recruitment of new staff, has truly changed the outlook of Golf Angkor, turning it into TTC Hospitality's first four-star hotel outside Vietnam.

TTC Hotel Premium - Angkor is a ten-minute drive from Siem Reap Airport, and five minutes to the city center and three minutes by walk to Khmer Cultural Village, ensuring convenient travel for guests to stay and experience the services at the hotel.

According to Nguyen The Vinh, chairman of TTC Hospitality, Cambodia is a potential tourism market, and the launch of TTC Hotel Premium - Angkor in Siem Reap will contribute to meeting accommodation and entertainment demands of visitors to this country.

“The presence of TTC Hotel Premium - Angkor in Cambodia also demonstrates our determination to bring the image of the TTC Hospitality brand to many international tourists in Cambodia, and it functions as the launch pad for the outstanding plans of TTC Hospitality to enter international markets in the coming time,” Vinh added.

 

According to the Cambodian tourism ministry, the country’s top ten sources of international tourists are China, Vietnam, Laos, South Korea, Thailand, the U.S., Japan, the UK, Malaysia, and France.

In 2017, Cambodia welcomed 5.6 million tourists, an 11.8 percent rise from 2016, with total tourism revenue of US$3.63 billion, the ministry said.

The Angkor Wat in Siem Reap alone attracted nearly 2.5 million tourists last year.

This situation reflects the huge demand for travel and accommodation services in Cambodia in general and Siem Reap in particular.

According to an online survey, the peak period for tourism in Cambodia is from December to January every year.

Almost all hotels are fully occupied, especially in Siem Reap, with the rate of booking reaching 100 percent.

Those potential figures show that Cambodia is a highly visitor-attracting country in Southeast Asia, and that Cambodia’s hospitality industry is growing and emerges as a potential destination for investors.

Besides offering travel services in many countries around the world and investing in accommodation services in Cambodia, in the future, TTC Hospitality will continue to promote outbound travel business in some potential new markets such as South Korea and Japan.

TTC Hospitality currently owns 20 properties, including three- and four-star standard hotels, resorts, conference centers, amusement parks in Khanh Hoa, Da Lat, Ninh Thuan, Binh Thuan, Ho Chi Minh City and Can Tho.

Following the acquisition of Thang Loi Tourism JSC in April 2018, TTC Hospitality now makes up 3.48 percent, 3.74 percent and 17.02 percent of the market share in Nha Trang, Phan Thiet and Da Lat, respectively.

Minh Huynh

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