Oakwood Opens Hong Kong Office

Oakwood has established a virtual office in Hong Kong.

"Oakwood has experienced a surge in demand for serviced apartments in the area," said Craig Ryan, managing director for Asia Pacific, Oakwood Worldwide. "This new office in Hong Kong will allow us to strengthen our strategic partnerships with our global and regional clients, providing long- and short-term accommodation solutions suitable for all budgets."

Planned 2015 openings for Oakwood Worldwide in Asia Pacific include:

• Beijing (China) (second property in Beijing)
• Tianjing (China)
• Hyderabad (India)
• Yangzhou (China)
• Chengdu (China) (second property in Chengdu)
• Kuala Lumpur (Malaysia)
• Mumbai (India) (second property in Mumbai)
• Surabaya (Indonesia) (second property in Indonesia)
• Tokyo (Japan) (ninth property in Japan)

The company also recently entered into a multi-billion dollar joint global venture with Singapore-based Mapletree Group, which, among other benefits, will triple the number of Oakwood branded and managed properties in the Asia Pacific region.