Ascott is acquiring Oakwood’s portfolio of 81 properties and 15,000 units. The deal will leapfrog Ascott’s global presence to more than 150,000 units in 900 properties across 200 cities in 39 countries.
The new brand is designed to create a collection of independent properties that retain their unique positioning, while leveraging the hospitality expertise and distribution network of the parent.
Prior to joining Oakwood, Maria Ashton spent 12 years with Hyatt Hotels Corporation, where she began as an analyst in feasibility and development and held roles of increasing responsibility.
With the region experiencing significant market growth, Ken Moore will lead Oakwood’s efforts to scale EMEA operations in order to better serve existing and emerging customer needs, and expand the business throughout the region.
The first international serviced apartment brand to open in Yizheng, the property will offer 144 serviced apartments, catering to guests seeking short or long-term stays.
Set to be operational August 1st, this will be Oakwood’s first property in Japan located outside of Tokyo, joining 11 other serviced apartments in the country, as well as a growing portfolio of nearly 60 Oakwood branded properties globally.
Oakwood Worldwide has revealed plans for a second property in Ho Chi Minh City, District 7. Set to be operational next month, Oakwood Residence Saigon, the first Oakwood serviced apartment developed by Mapletree in Vietnam is part of the Saigon South Place.
Oakwood Worldwide has revealed the appointment of Andrew Reitmaier to the newly created role of director of business development in Europe, Middle East and Africa.
Oakwood Worldwide has announced the appointment of Rebecca Tann as senior vice president of sales and marketing. Her strong expertise in sales and marketing, as well as her leadership in global organisations are skillsets that will support Oakwood’s global transformation and growth strategy.
Oakwood Worldwide has announced the appointment of Juliet Howie as director of sales in the Europe, Middle East and Africa region.
Freddy Sim, general manager, Oakwood Residence Shanghai, speaks to Breaking Travel News during the World Travel Awards Asia & Australasia Gala Ceremony 2017.