You’ve come across the timely opportunity to acquire a 35-bedroom hotel, perfect for maximizing the coming upturn of Siem Reap’s tourism come the post-pandemic period: for sale


You’ve come across the timely opportunity to acquire a 35-bedroom hotel, perfect for maximizing the coming upturn of Siem Reap’s tourism come the post-pandemic period

Svay Dangkum, Siem Reap , Cambodia

HIGHLY NEGOTIABLE

3 100 000 USD

Agent: Cliff Jacobs - Managing Principal Estate Agent & CEO (Nat.Dpl.Hotel Man (UJ). M.P.R.E.)
Agent Cellphone: +27 (0) 84 413 1071 / +27 (0) 61 716 6951
Agent Office Number: +27 (0) 21 554 0283
Agent Email Address: cliff@exquisitehotelconsultants.com
Type: Boutique Hotel
Bedrooms: 35
Bathrooms: 35
Showers: 35
Parking: 40
Yield: Not Disclosed


Svay Dankum

Description

Stretching from the city center to Tonlé Sap lake, Sangkat Svay Dangkum is home to the Old French Quarter, a leafy area of colonial buildings and upscale hotels. Produce and spice vendors fill the Old Market, while ANM Khmer night market has thatched-roof huts piled with carvings and jewelry, plus massage stands and snack carts. Dining options span fusion food to French haute cuisine, and rowdy bars line Pub Street. 
Siem Reap evolved with the increasing influx of tourists flocking to explore Angkor Wat and the surrounding Angkor Heritage Park. Perched at the tip of Tonle Sap lake in Cambodia’s north, it is about 320 kilometres from Phnom Penh.

Sitting just seven kilometres from the temple complex, the city’s heart in Svay Dangkum has moulded into an eclectic mix of tourism, business and residential dwellings, changing as the city’s needs and demands have grown and matured.

Located on the west side of the Siem Reap River, charming lane ways, fine dining, bustling markets, modern supermarkets and a pumping nightlife all come together in this part of town.

The convenience of having everything within a 10 minute walk makes it a popular place to stay and a great starting point for anyone relocating to Siem Reap.

Siem Reap’s international airport is about nine kilometres from the centre of town and takes 20 to 30 minutes in a tuk tuk, depending on time of day and traffic, making it readily accessible for travellers and business commuters.

Siem Reap

Siem Reap is the second-largest city of Cambodia, as well as the capital and largest city of Siem Reap Province in northwestern Cambodia.

Siem Reap has French colonial and Chinese-style architecture in the Old French Quarter and around the Old Market. In the city, there are museums, traditional Apsara dance performances, a Cambodian cultural village, souvenir and handicraft shops, silk farms, rice paddies in the countryside, fishing villages and a bird sanctuary near Tonlé Sap, and a cosmopolitan drinking and dining scene. Cambodia’s Siem Reap city, home to the famous Angkor temples, was crowned the ASEAN City of Culture for the period 2021–2022 at the 9th Meeting of the ASEAN Ministers Responsible for Culture and Arts (AMCA) organised on Oct 22, 2020.

Siem Reap today—being a popular tourist destination—has many hotels, resorts, and restaurants. This owes much to its proximity to the Angkor Wat temples, Cambodia's most popular tourist attraction.

History

The name "Siem Reap" can be translated to mean 'defeat of Siam' (siem in Khmer), and is commonly taken as a reference to an incident in the centuries-old conflict between the Siamese and Khmer kingdoms, although this is probably apocryphal. According to oral tradition, King Ang Chan (1516–1566) had named the town "Siem Reap" after he repulsed an army sent to invade Cambodia by the Thai king Maha Chakkraphat in 1549. Scholars such as Michael Vickery consider this derivation to be simply a modern folk etymology, and maintain that while the names Siem Reap and Chenla. the old Chinese name for Cambodia, may perhaps be related, the actual origin of the name is unknown.

The traditional tale claims that King Ang Chan of Cambodia tried to assert greater independence from Siam, which was then struggling internally. The Siamese king Chairacha had been poisoned by his concubine, Lady Sri Sudachan, who had committed adultery with a commoner, Worawongsathirat, while the king was away leading a campaign against the Kingdom of Lan Na. Sudachan then placed her lover on the throne. The Thai nobility lured them outside the city on a royal procession by barge to inspect a newly discovered white elephant. After killing the usurper, along with Sudachan and their new-born daughter, they invited Prince Thianracha to leave the monkhood and assume the throne as King Maha Chakkraphat (1548–1569). With the Thais distracted by internal problems, King Ang Chan attacked. He seized the Siamese city of Prachinburi in 1549, sacking the city and making slaves of its inhabitants. Only then did he learn that the succession had been settled and that Maha Chakkraphat was the new ruler. Ang Chan immediately retreated to Cambodia, taking captives with him. King Maha Chakkraphat was furious over the unprovoked attack, but Burma had also chosen to invade through Three Pagodas Pass. The Burmese army posed a much more serious threat, as it captured Kanchanaburi and Suphanburi. It then appeared before Ayutthaya itself.

The Thai army managed to defeat the Burmese, who quickly retreated through the pass. Maha Chakkraphat's thoughts then turned to Cambodia. Not only had Ang Chan attacked and looted Prachinburi, turning its people into slaves, but he also refused to give Maha Chakkraphat a white elephant he had requested, rejecting even this token of submission to Siam. Maha Chakkraphat ordered Prince Ong, the governor of Sawankhalok, to lead an expedition to punish Ang Chan and recover the Thai captives. The rival armies met, and Ang Chan killed Prince Ong with a lucky musket shot from an elephant's back. The leaderless Thai army fled, and Ang Chan allegedly captured more than 10,000 Siamese soldiers. To celebrate his great victory, King Ang Chan supposedly named the battleground "Siem Reap", meaning 'the total defeat of Siam'.

In reality, surviving historic sources make this derivation appear unlikely, since they date the decline of Angkor to more than a century before this, when a military expedition from Ayutthaya captured and sacked Angkor Wat, which began a long period of vassal rule over Cambodia. The 1431 capture coincided with the decline of Angkor, though the reasons behind its abandonment are not clear. They may have included environmental changes and failings of the Khmer infrastructure.

From the 16th to the 19th centuries, infighting among the Khmer nobility led to periodic intervention and domination by both of Cambodia's more powerful neighbors, Vietnam and Siam. Siem Reap, along with Battambang (Phra Tabong) and Sisophon, major cities in northwest Cambodia, was under Siamese administration and the provinces were collectively known as Inner Cambodia from 1795 until 1907, when theywere ceded to French Indochina. During the 18th century, under the rule of the Ayutthaya Kingdom, it was known as Nakhon Siam ('Siam's city').

Re-discovery of Angkor

Siem Reap was little more than a village when French explorers such as Henri Mouhot "re-discovered" Angkor in the 19th century. However, European visitors had visited the temple ruins much earlier, including António da Madalena in 1586. In 1901, the École française d'Extrême-Orient (EFEO) ('French School of the Far East') began a long association with Angkor by funding an expedition into Siam to the Bayon. The EFEO took responsibility for clearing and restoring the whole site. In the same year, the first Western tourists arrived in Angkor, a total of about 200 in just three months. Angkor had been "rescued" from the jungle and was assuming its place in the modern world.

With the acquisition of Angkor by the French in 1907 following a Franco-Siamese treaty, Siem Reap began to grow. The Grand Hotel d'Angkor opened in 1929 and the temples of Angkor became one of Asia's leading draws until the late-1960s, when civil war kept tourists away. In 1975, the population of Siem Reap, like all other Cambodian cities and towns, was driven into the countryside by the communist Khmer Rouge.

Siem Reap's recent history is colored by the horror of the brutal Khmer Rouge regime. Since Pol Pot's death in 1998, however, relative stability and a rejuvenated tourist industry have revived the city and province.

Siem Reap now serves as a small gateway town to the world heritage site of Angkor Wat. In recent years, the city has regularly ranked in the top ten for "Best Destination" lists produced by entities such as TripAdvisor, Wanderlust Magazine, and Travel+Leisure.

The wat and the river

Siem Reap is a cluster of small villages along the Siem Reap River. These villages were originally developed around Buddhist pagodas (wats) which are almost evenly spaced along the river from Wat Preah En Kau Sei in the north to Wat Phnom Krom in the south, where the Siem Reap River meets the great Tonlé Sap Lake.

Town centre is concentrated around Sivutha Street and the Psar Chas area (Old Market area) where there are old colonial buildings, shopping and commercial districts. The Wat Bo area is now full of guesthouses and restaurants while the Psar Leu area is often crowded with jewelry and handicraft shops, selling such items as rubies and woodcarving. Other fast developing areas are the airport road and main road to Angkor where a number of large hotels and resorts can be found.

Economy

Tourism is a very important aspect of the economy of Siem Reap – it was estimated in 2010 that over 50% of jobs in the town were related to the tourism industry. The city has seen a massive increase in tourist exchange in the couple of decades after the end of the Khmer Rouge era, and businesses centered on tourism have flourished due to the tourism boom. Visitor numbers were negligible in the mid-1990s, but by 2004, over half a million foreign visitors had arrived in Siem Reap Province that year, approximately 50% of all foreign tourists in Cambodia.[13] By 2012, tourist numbers had reached over two million.

Attractions

Angkor Wat

Angkor Wat (Wat temple) is the central feature of the Angkor UNESCO World Heritage Site containing the magnificent remains of the Khmer civilization. Angkor Wat's rising series of five towers culminates in an impressive central tower that symbolizes mythical Mount Meru. Thousands of feet of wall space are covered with intricate carving depicting scenes from Hindu mythology. The most important are the Carved Bas reliefs of the Hindu narratives. They tell a story about gods fighting demons in order to reclaim order which can only be achieved by recovering the elixir of life known as amrita. The gods and demons must work together to release it and then battle to attain it.

Angkor Thom

Angkor Thom is an inner royal city built by Jayavarman VII, the Empire's famed 'Warrior King', at the end of the 12th century and is renowned for its temples, in particular the Bayon. Other notable sites are BaphuonPhimeanakas, the Terrace of the Elephants, and the Terrace of the Leper King. The city can be accessed through five city gates, one at each cardinal point and the Victory Gate on the eastern wall.

Other temples

A number of significant temples are dotted around Angkor Wat and Angkor Thom within the Angkor Archaeological Park, including Ta ProhmPreah KhanBanteay KdeiPhnom BakhengTa KeoTa SomEast MebonPre Rup, and Neak Pean. These temples may be visited along the grand circuit or the small circuit routes. Other sites are the Roluos group of temples located to the east of Siem Reap.

The Cambodia Landmine Museum and Relief Centre

The Landmine Museum offers tourists and Cambodians the chance to see (safe) landmines up close, understand how they work, and what they can do to help rid Cambodia and the world of their continuing threat. It is approximately 25 km north of Siem Reap (30 minutes by tuk tuk), 7 km south of the Banteay Srey Temple complex in Angkor National Park. Some two dozen at-risk Khmer children are educated and live, along with staff, at the Relief Center on the museum property.

War Museum Cambodia

The War Museum Cambodia covers the last three decades of the 20th century when the Khmer Rouge was active in Cambodia. There is a vast array of vehicles, artillery, weaponry, landmines, and equipment on display. The museum is making use of guides who are war veterans who fought for the Cambodian army, the Khmer Rouge, or the Vietnamese army.

Angkor National Museum

Opened on 12 November 2007, the Angkor National Museum offers visitors a better understanding of the area's archaeological treasures. The Golden Era of the Khmer Kingdom is presented, including the use of state-of-the-art multimedia technology. The museum covers Khmer history, civilization, and cultural heritage in eight galleries. Today, the museum is filled with expensive jewelry being sold to tourists. The museum is also popular among local tourists during special holidays especially during the Khmer New Year and Christmas time.

Markets

The Old Market or Psah Chas is between Pub Street and the Siem Reap River, and offers a mixture of souvenirs for tourists and a variety of food produce and other items meant for the locals.

Other markets in Siem Reap include the Angkor Night Market which is off Sivutha Street, Phsar Kandal (the Central Market) on Sivutha Street which mainly caters to tourists, and Phsar Leu (the Upper Market) which is further away along National Road 6 but is the biggest market of Siem Reap used by the locals. The Made in Cambodia Market (initially called "Well Made in Cambodia") is a night market for tourists in Siem Reap where all the products sold are made in Cambodia. The market hosts daily shows and other events in King's Road.[25] In July 2020, authorities issued an order banning the buying, selling and butchering of dogs for food.

Artisans Angkor

Opened on 24 September 2003, the Cambodian Cultural Village assembles all the miniatures of famous historical buildings and structures of Cambodia. There are 11 unique villages, which represent different culture heritages, local customs, and characteristics of 21 multi races.

Angkor Panorama Museum

The Angkor Panorama Museum is closed since December 2019, reportedly due to UN sanctions on North Korea that requires member states to send North Korean workers home in mid-December.

Opened in 2015, Angkor Panorama Museum housed a panorama mural depicting 3D scenes from the Khmer Empire. The museum was financed and built by North Korea, which will receive all profits for the first ten years, and half thereafter.

Notable sites near Siem Reap

Phnom Kulen

Phnom Kulen National Park is about 48 km from Siem Reap and contains a number of attractions such as its two waterfalls and the Kbal Spean's 'river of 1000 lingas'. It is also home to Preah Ang Thom, an active, 16th century pagoda that is home to the largest reclining Buddha in Cambodia.

Floating villages

There are four floating villages around Siem Reap: Kompong Khleang, Kompong Phluk, Chong Kneas, and Meychrey, home to a bird sanctuary. Kompong Khleang is considered the largest and most authentic and Chong Kneas the least authentic but most visited due to its proximity to the city.

Tonlé Sap

Tonlé Sap, Khmer for 'vast body of fresh water' and more commonly translated as 'great lake', is a combined lake and river system of major importance to Cambodia. It is in the heart of Cambodia and is home to many floating villages. Tonle Sap is 30 minutes south of downtown Siem Reap at the port of Chong Kneas. The lake and its villages have many unique features and attractions, making Tonle Sap tours popular with tourists. The area around the Tonle Sap including the province of Siem Reap is part of the greater Tonle Sap Biosphere Reserve.

Phnom Dei

Phnom Dei is a hill near Siem Reap.

Banteay Srei

Banteay Srei is a 10th-century temple about 30 km northeast of Siem Reap. It is notable for its fine intricate decorative carvings on rose pink sandstone.

Gastronomy

Recently, Siem Reap has become the country's centre of contemporary Khmer cuisine and houses many notable Cambodian restaurants, such as The Sugar Palm, Embassy, Chanrey Tree, Raffles Hotel, and Cuisine Wat Damnak.

Local specialties

Bottles of Sombai infused rice wine with hand-painted images of Angkor temples

Sombai infused rice wine

A product that has become symbolic of Siem Riep are the Sombai premium infused rice wines drawing inspiration from the Cambodian traditional infused rice wine sraa tram filled in hand-painted bottles. The Sombai workshop and tasting parlour set up in the artist's Leang Seckon's house have also become a tourist attraction.

Prahok

Prahok made by the villages in Siem Reap is often regarded as the best in the country.

Climate

According to the Köppen climate classification, Siem Reap features a tropical wet and dry climate. The city is generally hot throughout the course of the year, with average high temperatures never falling below 30 °C or 86 °F in any month. Siem Reap has a relatively lengthy wet season which starts in May and ends in October. The dry season covers the remaining six months. The city averages approximately 1,406 millimetres or 55 inches of rainfall per year.





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Key features

About Us

You’ve come across the timely opportunity to acquire a 35-bedroom hotel, perfect for maximizing the coming upturn of Siem Reap’s tourism come the post-pandemic period

The full inventory is included, with canopy beds, air-conditioning units, bedside drawers, desks, mini-refrigerators, and televisions included within the rooms. The bathrooms are also up to deluxe standard, with bathtubs and wide sink counters having a large mirror and high faucet head. Meanwhile, the restaurant is an open-air section with low-maintenance areas for decorating with flowering and vine plants, the ideal complement to earth tones and ornate patterns on the fixtures and interior. With many of the rooms featuring a balcony overlooking the poolside, you’ll be hard-pressed to find another prime-located hotel that can ensure this level of comfort, privacy, and security for guests. 

This property is located in Svay Dangkum, Siem Reap, a mere three-minute walk from Pub Street, the Siem Reap Provincial Referral Hospital, and ABA Bank, and five (5) minutes from Funky Lane, the Heritage Walk, and the Royal Independence Gardens.

Facilities

  • Swimming Pool/Hot Tub
  • Reception/Lobby/Concierge
  • Parking
  • Lawn/Garden

Furnishings

  • Floor Type
  • Sofa
  • Bed
  • Airconditioning
  • Desks
  • Chairs
  • Hot/Cold Shower
RI 718
RI 2000
RI R5_D
RI 8_R5
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Cliff Jacobs (Nat.Dpl.Hotel Man. (UJ). M.P.R.E.)

Managing Principal / CEO

Exquisite Hotel Consultants (Pty) Ltd

Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951

Landline: +27 (0) 21 554 0283

Emailcliff@exquisitehotelconsultants.com

Skype: cliff.jacobs

C/o Sybelstrasse 69

10629 Berlin

GERMANY

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