Launching of Memoire Angkor Resort & Spa, an 80 rooms luxury resort hotel project on a 3.5 acres land in Siem Reap city, scheduled to complete by 2016.
10 Apr 2014This Business Plan is planed for the development of Memoire Angkor Resort & Spa with its medium sized 80 room structure spreads on a 1.5 hectare (3.5Acres) land with tropical landscape and natural scenic beauty, inspired by the Angkor architecture, is the elite place much adored by its customers for it's bled of privacy and luxury.
The rooms are constructed with its focus on three main aspects, i.e. resting, shower and the feel of real living. The other facilities such as Spa, mediation, yoga centres, the shared and individual Jacuzzis, steams and saunas compliment to the basic structure of the rooms, particularly to serve the high end market in the range value of minimum USD 200 per room per night. The current GOP trend is between 25 % - 30 % for normal hotel and high- end resort or boutique hotel tend to enjoy higher GOP ratio 30% - 40 % .
The foreseen construction based investment need would be USD 8.0 million. The current investment on land is done freehold, whose current assessed value is about USD 4 million, which is fully paid up.
Located in the north western part of Cambodia more popularly known as Angkor Wat, Siem Reap is one of the must see tourist destinations in one's life time. Out of the previous three years of average steady growth in the tourist arrival, Siem Reap alone has enjoyed a major share of a solid 20% on an average.
Today's advanced and efficient online tour planning has indeed drastically changed the conventional group tour process with minimal formalities thereby making tourist locations like Siem Reap more prominent and also a preferred tourist attraction. All the same boutique hotels in this resort have also benefitted to a very great extent because of these cost-effective online tour planning methods making one's holiday in these places more relaxing, rejuvenating and pleasant.
Memoire Angkor Resort & Spa is undoubtedly an exciting resort with its ambiance and exceptional facilities, which makes the visit to Angkor Wat a memorable one.
The advancement to five star status from the three star hotel in the last 12 years has been the result of keen observation, progressive acquiring of knowledge regarding the tourists and their expectations, and precise understanding of the trend of the tourists to Siem reap.