Business Daily Media

Men's Weekly

.

Bay of Lights Partners Ascott, Setting New Standards for Luxury and Hospitality in Sihanoukville, Cambodia

SIHANOUKVILLE, CAMBODIA - Media OutReach Newswire - 11 April 2024 - Steering the groundbreaking Bay of Lights coastal development, Canopy Sands Development (CSD) proudly unveils a landmark partnership with The Ascott Limited (Ascott), the acclaimed hospitality arm of CapitaLand Investment.



Representatives from CSD and Ascott seal a landmark hospitality partnership at Bay of Lights Business Center, Sihanoukville.
Representatives from CSD and Ascott seal a landmark hospitality partnership at Bay of Lights Business Center, Sihanoukville.

This collaboration heralds the management of Summer Bay Beach Club & Cabins under the Preference brand and Oakwood Bay of Lights Sihanoukville within the Bay of Lights – a 934-hectare coastal development poised to transform the financial services and tourism landscape of Sihanoukville.

The official signing ceremony took place at the newly-built Bay of Lights Business Center in Sihanoukville, with executives from both CSD and Ascott in attendance, marking a new chapter in both entities' growth and dedication to enhancing Cambodia's tourism industry.

Through this alliance, CSD and Ascott plan to introduce the pinnacle of international hotel branding to Bay of Lights, supporting both the nurturing of an international community and the setting of new industry standards in hospitality within the Summer Bay Beach Club by Preference. The strategic move is set to develop the highest density of international hotels per square meter in the area, offering a diverse selection of property types that cater to various customer needs.

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."

Key to their objectives is the mutually beneficial knowledge and technology transfer. Ascott's proven global systems and dedication to enriching the local skill set will align with the overarching goal to further promote the Bay of Lights, Sihanoukville, and Cambodia as a hotspot destination, leveraging Ascott's expansive membership program to reach out to millions.

"We're thrilled to be a part of the ambitious vision of Bay of Lights. By marrying our deep expertise in lodging with CSD's robust developmental strategies, we are crafting an unparalleled experience that will set new benchmarks in Cambodian hospitality," says Mr. David Cumming, Regional General Manager of Vietnam, Cambodia & Myanmar, The Ascott Limited.

In solidifying this long-term commitment, the agreement outlines plans that span service residences, hotels, villas, resorts, and the potent potential of developing a branded residence portfolio designed for the ultra-high-net-worth individuals, significantly enhancing the region's luxury accommodation offerings.

Beyond expanding Ascott's geographical footprint, this partnership signals the joint belief in the Cambodian market and the Bay of Lights' aspiration to become a premier international tourism hub.

Hashtag: #BayofLights #TheAscottLimited #BayOfLightsHospitality #SihanoukvilleDevelopment #CambodiaTourismRise

The issuer is solely responsible for the content of this announcement.

Bay of Lights

Bay of Lights is a pioneering development reshaping the skyline of Sihanoukville, Cambodia. With an investment of USD 16 billion, this sprawling 934-hectare beachfront project has been meticulously master-planned to feature nine distinctive districts, each supporting the initiative's six core pillars: Financial Services, Tourism, Education, Entertainment & Lifestyle, Health & Wellness, as well as Art & Culture. Driven by a vision to create a world-class financial and tourism hub. Bay of Lights strategic design encourages a sense of connectivity between diverse sectors, stimulating economic growth and fostering an inclusive, vibrant culture.


News from Asia

Deleted

This Press release has been killed

Ausom Launches L1 ABE Electric Scooter with Full German Road Approval

HONG KONG SAR - Media OutReach Newswire - 15 October 2025 - Ausom’s new L1 ABE electric scooter is now available with full road approval in Germany—and for a limited time, it’s launching with spec...

Top Hong Kong Hotels 2025 | Regent Hong Kong Achieves Prestigious Recognition in Condé Nast Traveler Awards

HONG KONG / SINGAPORE - Media OutReach Newswire - 15 October 2025 - Regent Hong Kong proudly announces its recognition in the Condé Nast Traveler Readers' Choice Awards 2025 as one of the top 5 be...

Prudential NextGen Aces featured Exclusive On-Court Session and Panel Series with tennis icons Andre Agassi and Aryna Sabalenka

HONG KONG SAR - Media OutReach Newswire - 15 October 2025 - Prudential plc ('Prudential'), a leading life and health insurer and asset manager, today hosted the Prudential NextGen Aces, an event t...

OPPO ColorOS 16 Set for Global Unveil: A New Era of Smoothness, Intelligence, and Seamless Connectivity

SHENZHEN, CHINA - Media OutReach Newswire - 15 October 2025 - OPPO has revealed its first look at ColorOS 16, the latest version of its mobile operating system, launching with the upcoming Find X9...

Xsolla Brings Exclusive Event To Thailand With Xsolla Connect Bangkok: A Global Games Industry Gathering

Exclusive Event Brings Developers, Publishers, Investors, And Industry Leaders Together to Help Shape The Future Of Gaming BANGKOK, THAILAND - Media OutReach Newswire - 15 October 2025 - Xsolla, a...

APAC Employee Medical Plan Costs to Stabilise in 2026 After Two Years of Sharp Increase, Aon reports

China, India, Singapore, the Philippines and Vietnam projecting lower increases than previous year Cardiovascular diseases, gastrointestinal conditions and cancer are top medical ...

Singapore and Shanghai Professional Bodies Sign MOU to Empower Enterprises Through Cross-Border Collaboration

SINGAPORE - Media OutReach Newswire - 15 October 2025 – Professional and business communities from Singapore and Shanghai came together today in a landmark collaboration to deepen ties and empower...

Watch Exchange Turns Luxury Timepieces Into Hope: Charity Drive to Raise At Least S$100K for Elderly Care

"Give Time, Share Hope" campaign transforms dormant watches into tangible support for Geylang East Home for the Aged SINGAPORE - Media OutReach Newswire - 15 October 2025 – As Singapore's populati...

Coca-Cola: First in Hong Kong in Recycling Plastic Bottles to Create New Ones Leveraging Its Own Facilities

Continuing to advocate for and invest in well-designed collection systems to help reduce beverage packaging waste HONG KONG SAR - Media OutReach Newswire - 15 October 2025 - Coca-Cola in Hong Kong...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...