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Old September 10th, 2009, 04:26 AM   #481
yangkhm
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30-story building of trade, Canadia



30-story building of trade, Canadia, is the highest skyscraper in Phnom Penh has finished its construction and awaited official inauguration in October 2009. The building is located on Monivong Blvd ,Sangkat Wat Phnom, Khan Daun Penh.

http://www.everyday.com.kh/photogall...ther&code=1585
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Old September 10th, 2009, 03:49 PM   #482
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Marriot hotel project in PhnomPenh

Marriott Boosts Asia-Pacific Business With 21 Hotels

By Frank Longid

Sept. 9 (Bloomberg) -- Marriott International Inc., the biggest U.S. hotel chain, signed management contracts for 21 hotels and resorts in the Asia-Pacific region to boost overseas growth as its domestic market weakens.

The new management contracts are for hotels opening in China, the Philippines, Thailand, India and Cambodia through 2013, Edwin Fuller, Marriott’s president of international lodging, said at a news conference in Hong Kong today. “We see tremendous growth in all these markets.”

The hotel operator announced the expansion less than two months after suicide attacks at its Ritz-Carlton and JW Marriott hotels in Jakarta killed nine people, including the bombers. Marriott, also owner of the Courtyard and Residence Inn brands, is expanding in Asia as travel demand in the U.S. declines.

“Business travel is weak because of the financial meltdown but I think it may recover soon as business sentiment in Asia improves,” Lantis Li, a Hong Kong-based analyst at Quam Ltd., said in a phone interview today.

The 21 contracts will add 7,000 rooms to the 9,400 rooms in 37 Asia hotels already under construction, Marriott said in a statement today. The company’s hotels in Asia will increase to 154 by the end of 2013, with 51,500 rooms in 18 countries, it said.

“I’m looking for Asia to start coming back in 2010,” Fuller said in an interview. “China will lead the recovery.”

Marriott, based in Bethesda, Maryland, in July lowered its forecast for 2009 earnings, excluding certain items, to as much as 86 cents a share from the $1.02 it projected in April.

Chief Executive Officer J.W. Marriott said July 16 that the company faced a “difficult environment for the travel and tourism industry.”

Marriott shares gained 0.5 percent to $23.16 yesterday, boosting its climb this year to 20 percent.

To contact the reporter on this story: Frank Longid in Hong Kong at [email protected]

Last Updated: September 9, 2009 08:07 EDT

http://www.bloomberg.com/apps/news?p...gHsBpM:banana:
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Old September 11th, 2009, 07:41 AM   #483
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Quote:
Originally Posted by NICALO View Post
Marriott Boosts Asia-Pacific Business With 21 Hotels

By Frank Longid

Sept. 9 (Bloomberg) -- Marriott International Inc., the biggest U.S. hotel chain, signed management contracts for 21 hotels and resorts in the Asia-Pacific region to boost overseas growth as its domestic market weakens.

The new management contracts are for hotels opening in China, the Philippines, Thailand, India and Cambodia through 2013, Edwin Fuller, Marriott’s president of international lodging, said at a news conference in Hong Kong today. “We see tremendous growth in all these markets.”

The hotel operator announced the expansion less than two months after suicide attacks at its Ritz-Carlton and JW Marriott hotels in Jakarta killed nine people, including the bombers. Marriott, also owner of the Courtyard and Residence Inn brands, is expanding in Asia as travel demand in the U.S. declines.

“Business travel is weak because of the financial meltdown but I think it may recover soon as business sentiment in Asia improves,” Lantis Li, a Hong Kong-based analyst at Quam Ltd., said in a phone interview today.

The 21 contracts will add 7,000 rooms to the 9,400 rooms in 37 Asia hotels already under construction, Marriott said in a statement today. The company’s hotels in Asia will increase to 154 by the end of 2013, with 51,500 rooms in 18 countries, it said.

“I’m looking for Asia to start coming back in 2010,” Fuller said in an interview. “China will lead the recovery.”

Marriott, based in Bethesda, Maryland, in July lowered its forecast for 2009 earnings, excluding certain items, to as much as 86 cents a share from the $1.02 it projected in April.

Chief Executive Officer J.W. Marriott said July 16 that the company faced a “difficult environment for the travel and tourism industry.”

Marriott shares gained 0.5 percent to $23.16 yesterday, boosting its climb this year to 20 percent.

To contact the reporter on this story: Frank Longid in Hong Kong at [email protected]

Last Updated: September 9, 2009 08:07 EDT

http://www.bloomberg.com/apps/news?p...gHsBpM:banana:

Do you think this company will establish hotel in Cambodia?
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Old September 11th, 2009, 07:59 AM   #484
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Now may be not but we also don't know what will happen in the future.
If Cambodia can attract a lots of tourists, so it may have this hotel in Cambodia.
Don't forget that Cambodia government offer 99 years for investment on land.
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Old September 11th, 2009, 09:36 AM   #485
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Quote:
Originally Posted by skyscraper_hunter View Post
Do you think this company will establish hotel in Cambodia?

Yes, i think so coz in the above article said the company already signed deals and i also heard for quit sometime also that this Marriot group is coming.
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Old September 11th, 2009, 09:37 AM   #486
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Anyone got Citymall pic ? ...i heard it just grand opening ....
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Old September 14th, 2009, 04:41 AM   #487
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Quote:
Originally Posted by NICALO View Post
Yes, i think so coz in the above article said the company already signed deals and i also heard for quit sometime also that this Marriot group is coming.
it would be great if this company is coming here. if many of big investors come here, Cambodia's situation will be recovered.
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Old September 14th, 2009, 11:26 AM   #488
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Merci

Thank you for the information you provided. It helped alot.
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Old September 14th, 2009, 04:45 PM   #489
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your welcome ....
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Old September 14th, 2009, 06:45 PM   #490
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Quote:
Originally Posted by NICALO View Post
Anyone got Citymall pic ? ...i heard it just grand opening ....
Here are some photos I found on flickr:
image hosted on flickr

image hosted on flickr

image hosted on flickr

(Photos by Song Savina)
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Old September 15th, 2009, 09:38 AM   #491
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Thanks alot Chadster93 for sharing these photos ... this new mall look nice ...
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Old September 15th, 2009, 11:42 AM   #492
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Quote:
Originally Posted by Chadster93 View Post
Here are some photos I found on flickr:
image hosted on flickr

image hosted on flickr

image hosted on flickr

(Photos by Song Savina)
That's a good news. thank Chadster. do you have any detail info about this mall? such as: how many floors? how big it is? who is the owner? how big of the land?... if you have please share with us.
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Old September 15th, 2009, 12:39 PM   #493
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Here's an article from the Phnom Penh Post:

Quote:
$10m City Mall opens

Friday, 11 September 2009 15:00 Soeun Say

TAIWANESE firm Fu Yang Investment opened its more-than-US$10 million City Mall Shopping Centre in Phnom Penh's Prampi Makara district Wednesday.

Fu Yang Director Lee Hsieh Yu said the four-storey retail space on the corner of streets 217 and 274 contains more than 700 shops.

Tenants include Lucky Supermarket, Pizza World, BB World, OSK Indochina Bank and mobile phone shops, he said.

Sydney Supermarket Chief Accountant In Sopheap and Sorya Mall General Manager Lam Sopheap said they were concerned to open at a time of falling retail sales in the capital.
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Old September 15th, 2009, 02:10 PM   #494
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Look very nice inside is.
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Old September 23rd, 2009, 04:16 AM   #495
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Who khow the name of this building?

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Old September 23rd, 2009, 04:21 AM   #496
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some more




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Old September 23rd, 2009, 05:21 AM   #497
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Quote:
Originally Posted by yangkhm View Post




I think the towers in front of Council of Ministers and the entrance is changed already. Do you have any new pic of it?

The overview of Boeungkak Lake is very nice. I like it. Thanks for sharing us.
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Old September 23rd, 2009, 10:31 AM   #498
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Hi. anyone know about the situation of Camko city now? is it still on hold? when will they start construction again? it's not a good sign if it still on hold.
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Old September 24th, 2009, 05:18 PM   #499
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Camko city is on hold? never knew that ..

i thought the owners are recently starting to move into their apartments and houses.
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
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Old October 5th, 2009, 08:39 AM   #500
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Some Update









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