Sofitel Set for Opening in Phnom Penh

Sofitel Set for Opening in Phnom Penh

The $50 million Sofitel Phnom Penh Phokeethra is set to open at the end of March as the first 5-Star hotel to open in Cambodia’s capital in more than 10 years. The 12-story colonial-style hotel features 201 guestrooms and suites with Mekong or Bassac river...

Global Hotel Rates Rise 2 Percent in 2010

Hotels.com has released its Hotel Price Index, which shows that global hotel rates rose 2 percent in 2010. The report also indicates higher occupancy levels for major cities like London, Paris, Las Vegas, Singapore, and New York due to the return of business travel....