The Most Luxurious Hotels in Phnom Penh

A 1929 legend, a palace in the sky, and the Mekong rolling past the terrace.

Phnom Penh’s hotels tell the country’s whole story. Raffles Le Royal has poured cocktails through nine decades of history — Jackie Kennedy’s 1967 champagne glass is still displayed — while Rosewood’s eyrie atop the Vattanac tower announces the new Cambodia in glass and brass. Between them: riverside villa calm, a heritage-manor Hyatt, and colonial boutiques beside the Royal Palace, all at prices that feel misprinted for a capital.

The golden spires and layered roofs of the Royal Palace of Phnom Penh glowing against a deep blue evening sky
The Royal Palace — heart of old Phnom Penh.

Which hotels made the list?

Five, ranked: the historic soul, the sky palace, a riverfront retreat, the heritage-manor newcomer, and the palace-side boutique.

HotelWhereStyleFrom*
Raffles Hotel Le RoyalDaun Penh1929 grande dame~$220
Rosewood Phnom PenhVattanac Capital towerSky palace~$250
The Balé Phnom PenhMekong riverside, northMinimalist villa retreat~$150
Hyatt Regency Phnom PenhDaun PenhHeritage-manor modern~$150
Palace Gate HotelBeside the Royal PalaceColonial boutique~$110

How much do they cost?

$110 to $250 covers the entire top tier — the gentlest luxury pricing of any capital in this collection. Rosewood’s best suites with wraparound Mekong views rarely cross $500 even in season.

*Indicative low-season opening rates per night for two, before taxes, mid-2026. They move with demand — always check current prices.

When should you book?

November to February is dry and relatively cool — riverside terrace weather. March and April bake; May to October brings afternoon monsoon bursts that clear as fast as they arrive, plus the year’s best rates. Water Festival (Bon Om Touk, November full moon) fills the city.

JanFebMarAprMayJunJulAugSepOctNovDec

Best time Shoulder Very hot Monsoon

The five, in detail

1Raffles Hotel Le Royal

Daun Penh · grande dame since 1929 · from ~$220/night

Since 1929Elephant BarJackie Kennedy’s glass

The soul of the city: a 1929 French-colonial palace of frangipani courtyards and twin pools that has hosted Malraux, Maugham and, in 1967, Jacqueline Kennedy — whose lipstick-marked champagne coupe from that visit is still displayed. Survivor of every chapter since, meticulously restored, with the Elephant Bar’s Femme Fatale cocktail as the resident ritual.

Don’t miss: a Femme Fatale at the Elephant Bar, invented for Jackie’s visit.

2Rosewood Phnom Penh

Floors 35–39, Vattanac Capital · sky palace · from ~$250/night

Mekong panoramasSora sky barArt-filled interiors

The new Cambodia at altitude: the top five floors of the dragon-scale Vattanac tower, styled like a collector’s residence with commissioned Khmer art and brass-trimmed silk. Every window frames the meeting of the Mekong and Tonlé Sap rivers, and Sora — the knife-edge outdoor sky terrace — is Southeast Asia’s most dramatic aperitif ledge.

Don’t miss: sunset on Sora’s cantilevered terrace, rivers braiding gold below.

3The Balé Phnom Penh

Mekong riverside, 20 min north · minimalist villa retreat · from ~$150/night

Riverfront lawns18 suitesResort calm

The capital’s escape hatch: a low, white modernist retreat on the Mekong’s bank just north of town, where eighteen suites open onto lawns, a 25-metre pool and the slow theatre of river barges. It runs like a resort — spa, riverside dining, bicycles into the countryside — making it the ideal decompression stay after the city’s heavier history.

Don’t miss: morning laps as the fishing boats head upstream past the lawn.

4Hyatt Regency Phnom Penh

Daun Penh, old quarter · heritage-manor modern · from ~$150/night

1910s manor coreRooftop barWalkable quarter

Built around a preserved early-1900s manor house in the old quarter, five minutes’ walk from the Royal Palace and the riverside promenade. Rooms are crisp contemporary Khmer; the Attic rooftop pours cocktails over a temple-roof skyline; and the manor’s FiveFive lounge does the city’s most atmospheric afternoon tea.

Don’t miss: golden hour at the Attic before dinner on Street 240.

5Palace Gate Hotel & Resort

Beside the Royal Palace · colonial boutique · from ~$110/night

Palace-wall views1910s villa heartValue pick

A restored 1910s villa and its modern wings directly beside the Royal Palace wall — some balconies look straight onto the golden spires. The rooftop pool, palm courtyards and Khmer-colonial rooms deliver genuine boutique romance at the friendliest rate on this list, with the Silver Pagoda and riverside a stroll away.

Don’t miss: palace spires from the rooftop at dusk, monks’ chants drifting over.

Know before you book

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