Too many Hotels and Ghesthouse Properties for Rent in Siem Reap
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Re: Too many Hotels and Ghesthouse Properties for Rent in Siem Reap
The first part is certainly true, many people open a bar/restaurant/hotel because they think it is easy.AndyKK wrote: ↑Tue Aug 01, 2017 6:24 pmAnd you know this for sure? Story's all story's. Something to talk over with a beer and a few mates.popeyesretreat wrote: ↑Tue Aug 01, 2017 4:24 pm You can also look at it this way , a lot of people opened one up with no idea of what they were getting into and want out when they find out it is not just open the doors and take the money to the bank. They do no think about the upkeep, the help and the abusive customers.
Or they are leaving Cambodia because they are tired of the girl they bought it for.
What also screws up the market is hotels being built by people that need to launder money and don't give a shit about whether it is profitable or not.
Re: Too many Hotels and Ghesthouse Properties for Rent in Siem Reap
Apologies to you Popey. I thought you may be one of the many whom sit at my bar and whinge and whine, over their too expensive beer.hanno wrote: ↑Thu Aug 03, 2017 4:34 amThe first part is certainly true, many people open a bar/restaurant/hotel because they think it is easy.AndyKK wrote: ↑Tue Aug 01, 2017 6:24 pmAnd you know this for sure? Story's all story's. Something to talk over with a beer and a few mates.popeyesretreat wrote: ↑Tue Aug 01, 2017 4:24 pm You can also look at it this way , a lot of people opened one up with no idea of what they were getting into and want out when they find out it is not just open the doors and take the money to the bank. They do no think about the upkeep, the help and the abusive customers.
Or they are leaving Cambodia because they are tired of the girl they bought it for.
What also screws up the market is hotels being built by people that need to launder money and don't give a shit about whether it is profitable or not.
I got into this by accident, or should I say something to do and keep me occupied. I had not bought the bar. I had made one. All the business is solely in my name. It's reasonable too. In high season I have made very good profits. In low season, forget it, there is very little money to be made. And its true to say the Khmer suffer the seasons here too. I know this when girls appear from their abode of employment, freelancing around my establishment hoping for some trade.
Firstly most of my custom are expats, and because they live here, they tend to assume they should have discounts. Secondly I have trade from western visitors coming from Thailand. They have been told Cambodia is so cheap.
Always "hope" but never "expect".
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