Core Insights - Hotel101 Global is expanding into Cambodia with two major hotel projects in Phnom Penh and Sihanoukville, expected to generate approximately $109.55 million in sales revenue [1][7] - The projects are part of Hotel101's long-term vision to operate 1 million hotel rooms across 100 countries, marking Cambodia as the sixth country for Hotel101's expansion [1][3] Group 1: Project Details - Hotel101-Phnom Penh will feature approximately 700 rooms on a 2,033 square meter site in the Tonle Bassac district, a vibrant economic and cultural hub [1][4] - Hotel101-Sihanoukville will have around 680 rooms on a 4,623 square meter site within the Bay of Lights development, a significant coastal project [1][5] - Both hotels will include standardized "HappyRoom" units and various amenities, enhancing the hospitality offerings in Cambodia [4][6] Group 2: Market Potential - Cambodia received over 6.7 million international visitors in 2024, with expectations for growth due to the upcoming opening of the Techno International Airport in September 2025 [1][4] - The strategic locations of the hotels are expected to capture the growing demand for business and leisure accommodations in Cambodia [4][6] Group 3: Strategic Partnerships - Hotel101 has partnered with Canopy Sands Development, a leading local real estate developer, to facilitate the development and navigate the local market [2][3] - This collaboration will leverage Canopy Sands' existing sales network, enhancing Hotel101's market entry strategy [2]