Oakwood Worldwide® Expands Asia Pacific Operations with New Hong Kong Office

Expansion in response to increased demand for serviced apartments in the Asia Pacific region

SINGAPORE – November 5, 2014 – Oakwood Worldwide, the global leader in corporate housing and serviced apartment solutions, has expanded its Asia Pacific operations with the opening of an office in Hong Kong. With its increased presence in Hong Kong, Oakwood Worldwide will be able to offer a broader range of serviced accommodation solutions to their global client base.

Oakwood Worldwide entered the Asia Pacific region nearly 20 years ago providing industry leading serviced apartments and since that time has expanded its presence offering one of the largest global supply networks, supported by in-region sales, marketing and operational services. The opening of the Hong Kong office represents the company’s continued commitment to the fastest-growing region in the world today.

“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.”

The company’s response to mounting business in the Asia Pacific region is one of several key indicators that support Oakwood Worldwide’s continued focus on global growth. Most recently, the company has 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.

About Oakwood Worldwide
Oakwood Worldwide® is the premier provider of corporate housing and serviced apartment solutions through its well known brands, Oakwood®, ExecuStay® and Insurance Housing Solutions?. With a presence in all 50 United States and more than 85 countries, the company provides move-in-ready furnished accommodations to meet the needs of global organizations and business travelers alike. Oakwood Worldwide is based in Los Angeles with a Worldwide Sales and Service Center in Phoenix and regional headquarters in London, Singapore and Toronto. For more information, please visit OakwoodWorldwide.com.