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Cambodia

Most Cambodians consider themselves to be Khmers, descendants of the Angkor Empire that extended over much of Southeast Asia and reached its zenith between the 10th and 13th centuries. Attacks by the Thai and Cham (from present-day Vietnam) weakened the empire, ushering in a long period of decline. The king placed the country under French protection in 1863 and it became part of French Indochina in 1887. Following Japanese occupation in World War II, Cambodia gained full independence from France in 1953. In April 1975, after a five-year struggle, Communist Khmer Rouge forces captured Phnom Penh and evacuated all cities and towns. At least 1.5 million Cambodians died from execution, forced hardships, or starvation during the Khmer Rouge regime under POL POT. A December 1978 Vietnamese invasion drove the Khmer Rouge into the countryside, began a 10-year Vietnamese occupation, and touched off almost 13 years of civil war. The 1991 Paris Peace Accords mandated democratic elections and a ceasefire, which was not fully respected by the Khmer Rouge. UN-sponsored elections in 1993 helped restore some semblance of normalcy under a coalition government. Factional fighting in 1997 ended the first coalition government, but a second round of national elections in 1998 led to the formation of another coalition government and renewed political stability. The remaining elements of the Khmer Rouge surrendered in early 1999. Some of the surviving Khmer Rouge leaders are awaiting trial for crimes against humanity by a hybrid UN-Cambodian tribunal supported by international assistance. Elections in July 2003 were relatively peaceful, but it took one year of negotiations between contending political parties before a coalition government was formed. In October 2004, King Norodom SIHANOUK abdicated the throne and his son, Prince Norodom SIHAMONI, was selected to succeed him. Local elections were held in Cambodia in April 2007, with little of the pre-election violence that preceded prior elections. National elections in July 2008 were relatively peaceful.

From 2004 to 2007, the economy grew about 10% per year, driven largely by an expansion in the garment sector, construction, agriculture, and tourism. GDP dropped to below 7% growth in 2008 and probably contracted in 2009 as a result of the global economic slowdown. With the January 2005 expiration of a WTO Agreement on Textiles and Clothing, Cambodian textile producers were forced to compete directly with lower-priced countries such as China, India, Vietnam, and Bangladesh. The garment industry currently employs more than 280,000 people -about 5% of the work force - and contributes more than 70% of Cambodia's exports. In 2005, exploitable oil deposits were found beneath Cambodia's territorial waters, representing a new revenue stream for the government if commercial extraction begins. Mining also is attracting significant investor interest, particularly in the northern parts of the country. The government has said opportunities exist for mining bauxite, gold, iron and gems. In 2006, a US-Cambodia bilateral Trade and Investment Framework Agreement (TIFA) was signed, and several rounds of discussions have been held since 2007. Rubber exports increased about 25% in 2009 due to rising global demand. The tourism industry has continued to grow rapidly, with foreign arrivals exceeding 2 million per year in 2007-08, however, economic troubles abroad dampened growth in 2009. The global financial crisis is weakening demand for Cambodian exports, and construction is declining due to a shortage of credit. The long-term development of the economy remains a daunting challenge. The Cambodian government is working with bilateral and multilateral donors, including the World Bank and IMF, to address the country's many pressing needs. The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance. More than 50% of the population is less than 21 years old. The population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure.

The Kingdom of Cambodia, formerly known as Kampuchea, is a country in Southeast Asia that borders Thailand to the west and northwest, Laos to the north, Vietnam to the east and southeast, and the Gulf of Thailand to the south. The geography of Cambodia is dominated by the Mekong River (or "the great river") and the Tonlé Sap ("the fresh water lake").

Cambodia is a constitutional monarchy with Norodom Sihamoni as King. Phnom Penh is the kingdom's capital and largest city, and is the principal center for the country's economical, industrial, commerce and cultural center of Cambodia. Siem Reap, a city located near the famous ruins of Angkor Wat is the gateway to the Angkor region, and is Cambodia's main destination for tourism. Battambang, the largest city in western Cambodia, is known for its rice production, and Sihanoukville, a coastal city, is the primary sea port and beach resort.

Cambodia has an area of approximately 181,035 square kilometres (69,898 sq mi) and a population of over 14 million ethnic Khmer. A citizen of Cambodia is usually identified as "Cambodian" or "Khmer", though the latter strictly refers to ethnic Khmers. Most Cambodians are Theravada Buddhists, but the country also has a substantial number of predominantly Muslim Cham, as well as ethnic Chinese, Vietnamese and small animist hill tribes.

Agriculture has long been the most important sector to the Cambodian economy, with around 59% of the population relying on agriculture for their livelihood (with rice being the principal crop).[5] Garments, tourism, and construction are also important and foreign visitors to Angkor Wat numbered more than 4 million. In 2005, oil and natural gas deposits were found beneath Cambodia's territorial waters, and once commercial extraction begins in 2011, the oil revenues could profoundly affect Cambodia's economy.

There are 2 types of cheap last minute discount holiday vacations available at this site.

Cheap vacation condo rentals for the entire week (1) by State or (2) by check in month or (3) by resort name(scroll down further) and
Cheap weekend getaway hotels for short weekend trips for a few days instead of a week.

Our Cheap Last Minute Family Vacation Rental Deals and Beach Vacation Rentals are the Ultimate Vacation Value

These Cheap Sell Off Vacations are priced per unit per week based on size of unit and maximum occupancy. Weekly cleaning costs are included in the price of the vacation rental.
Taxes and any All Inclusive Plan (if applicable) are the only extra charges that you may have to pay related to your vacation accommodations.

• There are NO Weekly cleaning costs or other hidden costs
• There are NO booking, registration or other hidden fees
• There are NO vacation weeks to buy in advance so there are no upfront costs
• There is NO vacation club to join so there are no initial or ongoing membership fees
• There is NO timeshare to buy or upfront investment to make before you can book these vacation deals
• There is NO condo upkeep or annual maintenance fee associated with owning a condo, timeshare or vacation property
• There is NO fee charged for guests, as long as the maximum occupancy is not exceeded
• There is NO restriction on when you can travel as long the unit is available to book
• There is NO presentation to attend in order to get a great vacation deal
• There are NO high pressure sales people trying to sell you anything
• We are NOT affiliated with any organization whose purpose is to solicit sales of timeshare interests

NOTE: Prices do NOT include local taxes or the cost of an All Inclusive Plan (if applicable). If you are reserving a property or location that is required to pay tax or has a mandatory All Inclusive plan, then you will be required to pay these directly to the resort upon check-in. These are the only extra charges that you may have to pay.

Condos versus Hotels

Would you rather stay in a confined hotel room with no kitchen facilities or extras when you can get so much more for your money and stay in a spacious 1 or 2 bedroom resort condo with suite-style amenities and a partial or full kitchen?

A partial or full kitchen allows you to stay in for some meals when it is not convenient for you to go out. Breakfast is a perfect example. In a hotel your only option is room service at exorbitant prices. With a spacious resort condo you can have breakfast in bed every day.

The regular price (up to $3,000/week) for all Last Minute Vacations is discounted 6 to 8 weeks in advance to as low as $399 to $549 per week. The prices shown for these Sell Off Vacations are for the room for a week and not per person. Normal cleaning charges upon departure are included in all last minute vacations. NOTE: Prices do NOT include local taxes or all-inclusive fees for food etc. as these are paid directly to the resort. This is the only additionnal charge for our Last Minute Vacations.

Cambodia Vacation Rental fee does not include taxes or a mandatory or optional all-inclusive fee for meals, drinks etc. Where the resort charges an all-inclusive fee, this fee is extra (from $50 and up per person per day) and is required to be paid directly to the resort at check-in. Fees, terms and conditions of packages covered by an all-inclusive fee are determined solely by the resort, and are subject to change at their discretion.

Cambodia Last Minute Vacations do not include taxes or any fee for meals, drinks, activities etc. Prices shown for these Cheap Last Minute Vacations are for accommodations for a week and not per person. Normal cleaning charges upon departure are included in these Last Minute Sell Off Vacations. The only additional charge would be tax if the property is required to collect tax or located outside the USA.