Oakwood Targets to Open Three Properties in Indochina

Serviced apartment operator, Oakwood Worldwide, will expand into Indochina as part of its regional growth strategy, with three properties scheduled to open in Cambodia and Vietnam next year.

In Cambodia, Oakwood Premier Phnom Penh and Oakwood Hotel & Residence Phnom Penh will feature 220 units and 168 units respectively, offering guests a choice of hotel rooms, apartments, as well as penthouses. Both properties will be situated within One Park – a prime mixed-use development comprising of office and retail space, a medical centre, an international school and residential towers.

Over in Vietnam, Oakwood Residence Hanoi will become the brand’s third property in the country, after Oakwood Apartments Ho Chi Minh City and Oakwood Residence Saigon. Situated next to the West Lake on Dang Thai Mai Street, the Hanoi outpost will feature 265 studios, one-, two- and three-bedroom apartments, as well as penthouse units. Facilities include a children’s playroom, swimming pool with pool bar, gym, as well as meeting and restaurant facilities.

All three properties are set to open in mid-2019.

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