Hotel for Sale in Krong Siem Reap, Cambodia

- Hotel with a full service bar and restaurant located in a premium location i. e. close to the city center.

- The hotel has 16 rooms and the bar has seating capacity for 80 guests with a stage for live music events. The bar also has a large (2.5m x 4m) LED screen.

- Peak season of our business is from December to March. We receive 70% European tourists and 30% Asian tourists.

- About 70% of our bookings are through online channels and remaining 30% is through walk-ins.

- We have subscribed to SiteMinder's service who manages our online booking received through Airbnb, Agoda, Booking. com, Hostelworld and Expedia.

- Prior to Covid-19, our occupancy rate was 45%. We currently operate at 10-15% occupancy rate. Our run rate revenue has reduced due to the pandemic.

- Hotel with 16 rooms, 19 bathrooms and a swimming pool.

- Full service bar & restaurant with 2.5 x 4 meters LED HD screen.

- Live entertainment stage.

- Entire bar & kitchen equipment including 2.5 x 4 meters LED HD screen (worth $10,000), workshop tools.

- Entire hotel furnishings, furniture, linens and towels in 16 rooms.

- SiteMinder's channel manager account to manage online booking.

- Social media pages such as Facebook, Instagram and YouTube channel. All branding elements such as food video commercials and social media ads.

- Transfer of building lease agreement to new tenant, business goodwill.

- Existing stock for bar & restaurant and hotel amenities.

- Leased facility of 2,500 sq mt. The lease duration is for 9 years.

- Rental amount is $1,200/month until September next year and it will increase thereafter.