Lodgis Hospitality Holdings, sponsored by Warburg Pincus and VinaCapital, has acquired two landmark hotels in Cambodia – the flagship Raffles Hotel Le Royal Phnom Penh and the Raffles Grand Hotel d’Angkor Siem Reap.
With the acquisition of the Raffles hotels, Lodgis says it now owns the largest collection of “luxury historic hotels” in the Indochina region as well as a growing resort and hotel management business under the Fusion brand.
The acquisition of the Raffles Hotels marks the company’s maiden acquisition outside of Vietnam. To date, Lodgis has acquired and developed several city hotels and beachfront resorts in Vietnam, including the 365-key Sofitel Legend Metropole in Hanoi.
Both hotels were fully restored and reopened under the Raffles brand in 1997, and under the ownership of Lodgis will undergo further renovations covering guestroooms, F&B outlets and meeting facilities.
The 175-key Raffles Le Royal is located in the capital city of Phnom Penh, adjacent to the US Embassy and in proximity to several key government offices, the Royal Palace as well as the Central Market. The 119-key Raffles Grand d’Angkor sits within the old French Quarter of Siem Reap, and is only six kilometres from Angkor Wat.