I would recommend any traveler to stop at this hotel, although particularly suitable to younger and less demanding guests due to the area and surrounding noise I guess, if they are stopping briefly through Siem Reap. Close to the river and markets, the main street of bars and restaurants is less than a five minute stroll and the street in which it resides allows a small view of the river, it's also at the top of the road so that you are not swamped by tourists.
Bicycle rentals [$2 per day], decent tuk-tuk drivers, free lobby internet, room wi-fi, and a balcony and seating area up on the first floor make it a pleasant and trouble free stay.
Unique Quality: Bright orange colour scheme. Unique rooms complete with wall tapestries, Soviet stars, paintings, welcoming weird towel sculpture, international television channels and a cool little bar/restaurant attached on the side serving breakfast from 6 and an evening chef who's more than willing to rustle up some authentic Cambodian food at a good price. There's a slightly more personal touch to this guesthouse than some of the hotels I have stayed at recently.
On the front desk there was a really helpful guy called Meas who answered every question I asked. [onward travel to Phnom Penh, legitimacy of tuk-tukky touts, realistic prices and distances for my stay in Siem Reap and even managed to dig out an adaptor for my Chinese laptop and fulfill every need.
One criticism - the shower was really bad - the worst on the trip, but this is subject to other guests' usage I think so early mornings and other out-of-hours times may be better. But I still felt refreshed after the tiring day's travel from Bangkok. Order a coconut.
Directions: Old Market Area
I only walked by it a couple of times, but the Bopha Angkor Hotel looked like a good option for those who want a little more upscale place that is within walking distance of the Old Market and Pub Street district. It is in the $50 range, has a pool and restaurant, and is just across the river from downtown. It looked really nice but gets mixed reviews on TripAdvisor. Lonely Planet says that it was recently renovated. That may explain why all of the newer reviews are good or excellent.
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