ASIA: Ascott will continue the roll out of its Oakwood properties following a strong start to 2022 and plans in Johor, Switzerland and India.
Since the beginning of this year, the Oakwood portfolio has seen the addition of five new properties namely Oakwood Hotel & Apartments Daxing Beijing, Oakwood Premier, Phnom Penh, Oakwood Studios Sukhumvit Bangkok, Oakwood Suites Kuninghan Jakarta and Oakwood Hotels and Apartments Saigon.
Ascott will open several more Oakwood properties across key cities in the region over the next quarter.
Oakwood Premier Jakarta is scheduled to open in November and will be located at the heart of the Sudirman Central Business District (SCBD). A flagship property that will deliver on some of the newly introduced brand signatures, the property will house 347 hotel rooms, suites and serviced apartments and will offer direct access to the ASHTA Mall and some of the city’s best nightlife and restaurants.
Also opening in November is the 191-unit Oakwood Suites Tiwanon Bangkok, located next to the Yaek Tiwanon Metro Station, which is in close proximity to the Chatuchak Weekend Market. The property offers amenities such as a residents’ lounge, restaurant, bar, pool, fitness centre and meeting venues.
Located next to the Nana BTS station, Oakwood Sukhumvit 11 Bangkok will be Oakwood’s 10th property in Thailand. Set to open by the end of the year, the property will have 178 rooms alongside a comprehensive suite of facilities.
Future openings include Johor -the state in southern Malaysia, which is linked to Singapore by causeways. A recent partnership with Bangsar Heights Pavilion (BHP) for the development and management of Oakwood Hotel & Apartments Johor Bahru, paves the way for Ascott’s first property in the capital city in the state of Johor. Scheduled to open in July 2026, the property will comprise 482 units alongside facilities such as a restaurant, bar, fitness centre and pool.
Expanding the Oakwood footprint in new destinations, the group is also expecting new developments in Switzerland and India with new signings for Oakwood Hotel du Parc Baden and Oakwood Hotel & Apartments Visakhapatnam.
