Elite Hospitality & Management (EHM), a leading name in Cambodia’s hospitality industry, has officially signed a Joint Venture Agreement with Vireak Buntham (V.E.T), marking the beginning of a strategic joint venture aimed at revolutionizing the hospitality and service sectors in Cambodia.
The signing ceremony, held on 13 February 2025, was attended by key executives and stakeholders from both organizations. This partnership is set to combine EHM’s extensive expertise in hospitality management with VET’s innovative approach to workforce training and development, fostering excellence in service standards across Cambodia.
Strengthening Cambodia’s Hospitality Industry
Speaking at the event, Mr. Faz Ghotbi, Founder and CEO of EHM, expressed enthusiasm for the collaboration:
“This partnership with Vireak Buntham aligns with our commitment to raising the bar for hospitality excellence in Cambodia. We recognize the immense potential of Cambodia’s unique hospitality to compete on a global scale. By combining our management expertise with Vireak Buntham’s dedication to professional development, we aim to elevate guest experiences, empower industry professionals, and showcase Cambodia’s distinctive hospitality to the world.”
Elite Hospitality & Management and Vireak Buntham are joining forces to elevate Cambodia’s hospitality industry. Together, we aim to set new standards in service and guest experience, building a homegrown brand that competes on a global level.
Neak Oknha Suo Vireak added, “Our goal is to equip the workforce with the necessary skills and knowledge to meet global hospitality standards.”
A Vision for Growth and Innovation
This Joint Venture represents more than just a business agreement—it reflects a shared vision to enhance Cambodia’s hospitality landscape. The collaboration will include:
✔ Training Programs – Upskilling hospitality professionals with internationally recognized practices.
✔ Workforce Development – Creating job opportunities and career pathways in the tourism sector.
✔ Operational Excellence – Implementing high-quality hospitality management standards across multiple properties.
The partnership between EHM and VET is expected to set a new benchmark for service quality in the Cambodian hospitality market, benefiting hotels, resorts, and tourism businesses across the country.
Looking Ahead
With this joint venture, both organizations are committed to delivering long-term value to Cambodia’s tourism and hospitality sector. This joint venture is just the beginning, with further collaborations and initiatives set to be announced in the near future.
About Elite Hospitality & Management (EHM)
Elite Hospitality & Management (EHM) is a premier hospitality management company in Cambodia, overseeing multiple luxury hotels and resorts respectively, Palace Gate Hotel & Resort by EHM, Palace Gate Hotel & Residence by EHM, Caravan Hotel by EHM, Eden Beach Resort by EHM, and Koh Apikjun Resort. With a focus on excellence, innovation, and guest satisfaction, EHM continues to set industry standards in hospitality operations.
About Vireak Buntham Express & Tourism (VET)
Vireak Buntham Express & Tourism (VET) is a key player in Cambodia’s transportation and hospitality sectors. In transportation, VET offers a modern fleet of buses, luxury coaches, and speedboats ensuring safe and efficient travel across Cambodia and neighboring countries. In hospitality, the company continues to expand its portfolio of hotels and resorts, delivering premium accommodations and exceptional service to both local and international travelers.