The first Marriott Hotel will be launched in Siem Reap in April 2017. The 233-room Courtyard by Marriott Siem Reap Resort is built on a 1.2 hectare site located just a 15-minute drive from Angkor Wat. The Grand Lion Group has invested US$200 million into developing Marriott Siem Reap Resort and will invest another US$160 million on a second 250-room hotel to be opened in Sihanoukville towards the end of 2017.
Japanese Ringer Hut opens first outlet in Jakarta
Ringer Hut, a Japanese fast food chain specializing in Nagasaki dishes, opened its first restaurant in Jakarta this month. Ringer Hut’s signature dish is its champon noodle dish and the Nagaski Sarudon dish. The Jakarta restaurant is operated by Ringer Hut Indonesia, a subsidiary established in 2016.
McDonald’s Corp has sold its Singapore and Malaysian franchise to Saudi group
Singapore media reported that McDonald’s Corp announced that it has sold the franchise rights for its restaurants in Singapore and Malaysia to Saudi Arabia’s Lionhorn Pte Ltd. McDonald’s stated that its ownership interest in 390 restaurants, were transferred to Lionhorn led by Sheik Fahd and Abdulrahman Alireza, who are franchisees for nearly 100 McDonald’s restaurants in Saudi Arabia.