Project Description
The project consists of the renovation and operation of the Villa Apsara hotel in Siem Reap, Cambodia, as a 12 room, boutique hotel resort (the project or the hotel). The buildings to be refurbished a former guest lodge near the Angkor World Heritage Site. The project will be fully owned by Silverlink Holdings (the sponsor) and will be subject to the normal management agreements and marketed as a fully fledged Amanresort. The project will be the 13th Aman-operated hotel and would be operated as a separate corporate entity with oversight from Amanpuri in Thailand. The project cost is estimated at US$3.0 million, including contingencies and start-up expenses.