Oakwood Worldwide News
Oakwood Asia Pacific set to launch in Hyderabad, India
Oakwood Asia Pacific, which manages some of the finest serviced apartments for business and leisure travellers, announced earlier the upcoming opening of Oakwood Residence serviced apartments in Hyderabad, India, which will be managed by Hoshang Garivala. With Oakwood being an established leader in the serviced apartment industry in India, Oakwood Residence Kapil Hyderabad will provide fully equipped private apartments with full facilities and amenities, such as fully equipped kitchens, state-of-the-art wi-fi and Internet connections, 24-hour customer service with security and CCTV surveillance, fully equipped fitness centre, swimming pool and meeting facilities.
Oakwood Worldwide signs with Mapletree Group for serviced apartment expansion
Oakwood Worldwide and Mapletree Group have signed a corporate and serviced apartment joint venture that aims to open more than 100 new properties around the world over the next five years. Mapletree will acquire a 49 percent stake in Oakwood Asia Pacific, Oakwood Worldwide’s serviced apartment business in Asia, and will target acquiring and developing some US$4billion worth of corporate and serviced apartment assets within Asia, Europe and North America.