Several factors over the years have contributed to Cambodia’s rising economy. One major factor that has added fuel to this growth is none other than tourism. Establishing hotels, high-rise apartments, and homestays hugely drive tourism.
As Cambodia approaches sustainable economic growth, homestays drive the tourism industry, as most people prefer it over other stopover options. Most homestays are being established in rural Cambodia, leading to better economic opportunities.
Relational homestays can be your go-to place if you’re planning for a stay in Cambodia. On the other hand, if you want to invest, IPS Cambodia can help you find the perfect property in rural Cambodia to purchase and convert into a homestay.
Who Are Choosing Home Stays in Cambodia?
As the concept of homestays in Cambodia grew, many people preferred it, especially the tourists and business individuals who visited here for a limited time. The tourists who visit Cambodia choose homestays over big hotels because they learn more about the local culture and establishments.
How are Home Stays Helping in the Rural Development of Cambodia?
Homestays in Cambodia act as a catalyst, especially across the growth in rural areas. The residents of Cambodia may start utilizing this opportunity as it becomes a popular tourist destination.
Here are some of the major reasons why homestays are fostering rural development across Cambodia:
Tourist Destination
Homestays in Cambodia play an important role in boosting the tourism landscape. As more and more homestays arise, travelers and tourists will get a higher chance to explore the local and hidden gems rather than the conventional tourist destinations.
Cambodia can place itself as a leader in tourism in Southeast Asia with the growth of homestays. Furthermore, it can establish itself as a destination for adventure and cultural enthusiasts who want to explore the local side of Cambodia.
Economic Development
Undoubtedly, Cambodia is promoting significant economic development by establishing homestays. Not only do these homestays contribute to the economic growth of families that own the property, but also the GDP of the country.
The increase in revenue generation will further pave the way for improved transportation, healthcare, and educational sectors, further enhancing living standards. All of these combined can promote sustainable development in Cambodia.
Revenue Generation
Homestays have played an important role in the growth of the tourism industry. As the locals invite tourists into their properties, they get an opportunity to earn. It also allows them to offer additional services like cultural performances, local cuisine, and even guided tours to local areas.
This is playing an important role in generating revenues while managing household finances. Furthermore, it is also fostering entrepreneurship across the region, which also helps develop rural areas with facilities such as hospitals or schools. Such development will help to cut down the cycle of poverty.
More Employment Opportunities
Homestays are also bringing numerous employment opportunities to rural areas. As the number of homestays grows in rural areas, individuals can identify more opportunities to earn money, like tourist guides, restaurants for local foods, and small shops for amenities.
However, it is important to train the rural population to establish successful homestays to promote more employment opportunities. The Cambodian government and tourism organizations are therefore organizing programs to train the locals on establishing necessary skills of hospitality, customer service, cleanliness, and more. Such skill development will help drive more employment opportunities.
Home Stays in Cambodia: Paving Way for Cross-Cultural Learning
Homestays are also one of the best ways to promote cross-cultural learning, especially for tourists. The guests who visit the homestays can learn a lot about the local traditions, flora, and fauna, which is a transformative experience for the visitors.
The creation of homestays in Cambodia also fosters ecotourism as most individuals are moving towards cleanliness, too. Areas like Chambok, Phnom Penh, Siem Reap, and Sihanoukville have grown significantly through the concept of homestays and growth in residential real estate. Such a unique way of preserving cross-cultural learning also helps in boosting entrepreneurs.
Cultural Preservation Through Home Stays in Cambodia
Homestays in Cambodia are having a huge impact on cultural preservation. It fosters community-based ecotourism, which helps in relearning the old traditions and customs involving garments, songs, and dances.
As development occurs in these places through homestays, most villages are getting economic earning opportunities. This is paving the way for the locals to showcase their culture and revive the sense of community. You’d get to experience the cultural preservation of Cambodians through homestays across various places like Koh Trong, Koh Ker temples, and more.
Final Thoughts
The trend of homestays is becoming quite prevalent and is being accepted on a rapid scale across Cambodia. Undoubtedly, it may soon become the driving force of economic tourism as it brings about the freshness of economic development. As it is in the growing phase, this may be the perfect time to capitalize on it.
This may be the perfect time to invest in a property in Cambodia, convert it to a homestay, and earn revenue from it. So, if you’re looking for an ideal property, contact us now!
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