Ascott Limited (Ascott), the lodging business unit fully owned by CapitaLand Investment (CLI), has unveiled an unprecedented collaboration with Canopy Sands Development Co., Ltd. to oversee the management of two prestigious properties: Oakwood Bay of Lights Sihanoukville and Summer Bay Beach Club & Cabins by Preference. This venture marks the inaugural partnership between Ascott and Canopy Sands Development, a Cambodian real estate firm renowned for its mastery in master development projects. The signing ceremony signifies a momentous occasion in the hospitality sector, merging Ascott’s unparalleled expertise with Canopy Sands’ esteemed standing in the industry.
In recent years, Cambodia’s hospitality industry has witnessed impressive growth, drawing travelers from around the world. With a growing interest in exploring ancient temples, savoring local cuisine, experiencing the renowned “Khmer smile,” and unwinding on picturesque beaches, Cambodia has emerged as a cultural and holiday hotspot in Southeast Asia. Moreover, as one of the most open economies in the region for foreign investors and professionals, Cambodia has experienced an influx of relocations, further fueling its dynamic expansion. Visitors now prioritize convenience and personalized services, prompting accommodation providers to enhance their offerings to meet these evolving demands.
To tap into the market’s potential, Ascott has introduced two new properties—Oakwood Bay of Lights Sihanoukville and Summer Bay Beach Club & Cabins by Preference—through this partnership. This signing marks the introduction of the second Oakwood property in Cambodia and debuts Preference, a brand renowned for its uniqueness, authenticity, and allure, in the country for the first time.
Since its acquisition by Ascott in 2022, the Oakwood brand has experienced significant growth, expanding by over 20% in 2023, solidifying its position as one of the company’s fastest-growing global brands. Recently, Oakwood announced a brand refresh aimed at embodying reliability in providing guests with the comforts of home and beyond, regardless of their travel destinations. Against the backdrop of the rising trend in bleisure travel—blending business and leisure—Ascott has utilized Oakwood’s deep understanding of corporate travel to initiate a brand refresh that resonates with the needs of modern business travelers. Conversely, Preference represents a curated collection of independent properties driven by a desire for uniqueness, authenticity, and intimacy. Each Preference property offers a distinct identity and concept that reflects cultural heritage, unique architecture, or the natural beauty of the landscape. As Cambodia’s tourism sector continues to rebound, Oakwood Bay of Lights Sihanoukville and Summer Bay Beach Club & Cabins by Preference are poised to become sought-after destinations for travel enthusiasts, business travelers, and those relocating to the Kingdom of Wonder.
Mr. David Richard, Managing Director of Bay of Lights Entertainment for Summer Bay, expressed his optimism at the ceremony, stating: “The partnership with Ascott aligns with our vision to elevate the hospitality and tourism landscape in Sihanoukville. We believe that by offering diverse and world-class experiences, we can attract a wider range of visitors and enhance the reputation of the Bay of Lights and Cambodia as a premier destination.”
Nestled within the thriving township of Sihanoukville, these two properties grace the Bay of Lights, poised to redefine hospitality standards in Cambodia. Representing innovation and top-tier accommodation, the Bay of Lights guarantees a transformative experience. Oakwood Bay of Lights Sihanoukville and Summer Bay Beach Club & Cabins by Preference offer a comprehensive stay, enriched by a superb blend of amenities that ensure not just convenience and accessibility, but also boundless entertainment for both residents and visitors. From a prestigious golf course to a bustling marina, a vibrant performance theatre to charming tourism walking streets, and from modern shopping malls to essential medical facilities, financial, and educational institutions, these properties have it all. The centerpiece of this remarkable ensemble is the 18-hole Greg Norman Signature Golf Course, boasting state-of-the-art practice facilities, including a driving range and short game area. Expected to become Cambodia’s premier golf destination, this course bears the legendary touch of Greg Norman, guaranteeing the highest standards of excellence. With their unmatched offerings, Oakwood Bay of Lights Sihanoukville and Summer Bay Beach Club & Cabins by Preference emerge as the ultimate choice for both short-term and long-term stays.
The signing ceremony marks a significant milestone in Ascott’s commitment to delivering exceptional hospitality experiences in Cambodia, while also underscoring Canopy Sands Development’s dedication to enhancing the country’s tourism sector.
Mr. David Cumming, Regional General Manager of Vietnam, Cambodia & Myanmar, The Ascott Limited, said: “We are proud to announce the opening of the second Oakwood property in Cambodia, along with the introduction of its unique and culture-driven brand, Preference. Oakwood Bay of Lights Sihanoukville features 250 conveniently designed rooms offering guests the comforts of home and beyond, ideal for both long-term residents and short-stay visitors, particularly modern business travellers. On the other hand, Summer Bay Beach Club & Cabins by Preference is tailored for the “inquisitive explorers” who are eager to immerse themselves in cultural heritage, unique architecture, and the natural splendour of the surrounding landscapes. Nestled along the shoreline, the beach club comprises 60 quaint cottages, each affording breathtaking sea views and exclusive beach access. With an array of recreational facilities and amenities, including a water park, private beach area, and gourmet dining options, Summer Bay Beach Club & Cabins by Preference meets the high standards of a beach club while embracing the essence of local activities. We expect strong demand for the two properties in view of their excellent location and the positive outlook ahead.”
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