8/20/2025, 12:09:11 PM | www.manilatimes.net | news

    Hotel101 Global entered into definitive binding agreements to develop Hotel101 in Cambodia

    Hotel101 Global, a Singapore‑headquartered subsidiary of Hotel101 Global Holdings Corp. (NASDAQ:HBNB), has signed definitive agreements with Cambodia’s Canopy Sands Development Co., Ltd. to build two Hotel101 hotels in Phnom Penh and Sihanoukville. The Phnom Penh project will feature about 700 rooms on a 2,033‑sqm site in Tonlé Bassac, while the Sihanoukville project will have roughly 680 rooms on a 4,623‑sqm site in the Bay of Lights. Together, the projects are expected to generate $109.55 million in sales revenue, target completion by 2028, and support Hotel101’s long‑term goal of operating 1 million rooms across 100 countries. The deals were signed on August 20, 2025 in Singapore.

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