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Oakwood Premier Phnom Penh Opens in Cambodia

Oakwood, the leading brand in hospitality management, today announced the opening of Oakwood Premier Phnom Penh in the Kingdom of Cambodia. Centrally located in the Cambodian capital s business and entertainment district, the new landmark with 207 well-appointed hotel rooms and serviced apartments adds contemporary elegance infused with traditional Khmer art to the cityscape. Hallmark experiences, such as the innovative Oakwood Premier Mobile Bar, will elevate the residential lifestyle appeal of the capital. ....

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Ascott Acquires Oakwood Worldwide to Fast-Track Growth to Over 150,000 Units Globally

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd. The acquisition increases Ascott’s global portfolio by 81 properties and about 15,000 units. Oakwood’s approximately 8,500 operational units are expected to immediately contribute to Ascott’s recurring fee income streams upon completion of the transaction slated in 3Q 2022. ....

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Oakwood solidifies Aussie presence with full opening of Melbourne luxury property – Travel Weekly

Luxury hotel brand Oakwood has marked its presence in Australia with the full opening of its Melbourne luxury property this month. ....

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