Ascott accelerates Oakwood signings
Chris Bown
17 Feb 2025
Following a brand refresh, Ascott’s Oakwood extended stay brand now offers dining options at its new sites, making food a key part of the brand appeal
Following a brand refresh, Ascott’s Oakwood extended stay brand now offers dining options at its new sites, making food a key part of the brand appeal
Capitaland’s Ascott business is having a major growth push in southeast Asia, signing new aparthotels across its brand portfolio
Hotel chains looking at Malaysia for further expansion are likely to welcome the country’s push to attract more digital nomads.
CapitaLand Investment Limited (CLI) lodging business, The Ascott Limited, is acquiring serviced apartment provider Oakwood Worldwide from Mapletree Investments.
The Mapletree Investments-owned hospitality group has bolstered its portfolio with the debut of Oakwood Premier Melbourne in the Australian state of Victoria.
Accor has hired Maria Ashton, who previously worked for Oakwood and Hyatt Hotels Corporation, as its new vice president of development for luxury brands in Northern Europe.
Brought to life by a team that includes CHT Architects and SORA Interior Architecture + Design, the AU$150 million Oakwood Premier Melbourne is nearing completion.
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