The Sokha Hotel on Norodom Boulevard in Phnom Penh has closed down and will be converted into office space for the hotel’s parent company, local conglomerate Sokimex, Sokimex CEO Sok Kong said Friday.
“We stopped operating [Sokha Hotel] in December 2014,” Mr. Kong said, adding that the building would be completely torn down and rebuilt as an office complex for staff of Sokimex, which also has holdings in the petroleum, transportation and infrastructure sectors.
“The land was not sold to anyone yet. It still belongs to me,” he added.
Mr. Kong said the hotel was shuttered when the company opened its $100-million, 10-story Sokha Hotel & Residence on Phnom Penh’s Chroy Changva peninsula at the end of last year.
“It was a very small place and we moved to…the new place on the peninsula of Chroy Changva,” he said. The hotel on Chroy Changva has more than 400 rooms and some 190 condominiums, and employs about 1,500 people.