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On February 7th, Prince Real Estate Group officially announced the partnership between Radisson Hotel Group and Prince Happiness Plaza . Scheduled to open by Q1 2026, a stylish Radisson RED Phnom Penh and the upper-upscale Radisson Blu Hotel & Residences will represent Radisson Hotel Group’s debut into the Cambodian market.
In attendance at the occasion were Secretary of state and Head of Cabinet, Mr. Seng Meng Hong, Chief Development Officer, Asia Pacific, Radisson Hotel Group, Mr. Ramzy Fenianos, Prince Real Estate Group CEO, Mr. Edward Lee, representatives from the hospitality industry, as well as a number of media outlets.
The 250-key upper-upscale Radisson Blu Hotel & Residences Phnom Penh will cater to discerning corporate travelers on extended stays with a total of 160 well-appointed guestrooms and serviced apartments, as well as 90 branded residences, ranging from the 40sqm Deluxe Studio Residences to the 210sqm Three-Bedroom Residences, all of which will feature premium amenities and panoramic views of the skyline and river.
The design-led Radisson RED Hotel Phnom Penh will attract business and leisure guests seeking stays inspired by the upbeat spirit of this dynamic city. This upscale lifestyle hotel will comprise 200 keys, ranging from modern Deluxe Rooms to the spacious One-Bedroom Suites. The two properties will also share an all-day restaurant, lobby lounge, spa and gym. Corporate travelers and digital nomads can take advantage of a casual co-working space, reading lounge and event venues that that will host both business meetings and social celebrations.
The collaboration with Radisson to introduce the first Radisson Blu branded hotel and residences in Cambodia will make Prince Happiness Plaza a top choice for property investment as well as ownership by virtue of its steady rent returns. With full-fledged facilities, the Radisson Blu Hotel & Residences Phnom Penh will be the latest addition to the high-end property scene as another option for urban elites with an appetite for class.
Mr. Lee stated at the ceremony that together with Radisson Hotel Group, Prince Happiness Plaza will continue to explore the hospitality market in Phnom Penh to offer unparalleled services to both domestic guests and overseas visitors, to create a new template for quality business travel lifestyle and to ultimately contribute to Phnom Penh’s influence in the region. Meanwhile, the value of apartment property and rent prospect will be optimized under the management of Radisson Blu, bringing more options for owners. This is also a new step forward by PREG.
Mr. Fenianos said: “We are thrilled to announce this important partnership, which provides the perfect opportunity for Radisson Hotel Group to make its debut in Cambodia. This is a key emerging market with vast potential for business and leisure travel, so this dual-branded development will add considerable value to our company’s rapidly expanding portfolio in South East Asia.”.
Mr. Seng Meng Hong stated that Prince Happiness Plaza, which is developed by one of the leading property developers in Cambodia – Prince Real Estate Group, shows great prospect in boosting the tourism industry, and the partnership with Radisson demonstrates their faith in Cambodia’s tourism sector.
The ceremony culminated in the contract signing by Mr. Lee and Mr. Fenianos, with a roomful of guests as witness of a new chapter for Prince Happiness Plaza.
For more information about Prince Happiness Plaza, contact us at 023951666/023952666.
Prince Happiness Plaza:
Prince Happiness Plaza is located at the junction of three arteries of Phnom Penh – Monivong Boulevard, Hun Sen Boulevard and Road 271, with landmarks like the National Museum, Independent Monument and Royal Palace as well as embassies of Australia, Japan, Thailand, Russia and Malaysia in its vicinity.
The complex building comprises a Grade A office building, shopping mall and five-star hotel. It is visioned as a combination of residences, offices, hospitality and shopping.
The development also features a hotel-style lobby, rooftop bar (900M2), infinite pool (700M2) and gym (496M2) that are designed by the highest standard in the market.
Prince Happiness Plaza offers studios, one-bedroom and two-bedroom apartments that range from 32 M2 to 96 M2. Its value is further enhanced by the addition of a five-star serviced apartment and many a flagship retail stores to come, making it one of the best options of property investment in Phnom Penh.
About Radisson Hotel Group:
Radisson Hotel Group is an international hotel group, operating in EMEA and APAC with over 1,270 hotels in operation and under development in +90 countries. The international hotel group is rapidly expanding with a plan to significantly grow the portfolio. The Group’s overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos.
The Radisson family of brands portfolio includes Radisson Collection, art’otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and prizeotel brought together under one commercial umbrella brand Radisson Hotels.