Oakwood enters Hyderabad, plans few more properties in India

The US-based hospitality chain Oakwood has opened Oakwood Residence Kapil Hyderabad in the IT hub of Gachibowli.

Oakwood is the Brand of Oakwood Worldwide, a 55-year-old provider of corporate housing and serviced apartment solutions company based in Los Angeles.

The project has been launched In partnership with the Kapil Group. It has 158 apartments.

Hoshang Garivala, General Manager, Oakwood Residence Kapil Hyderabad, said: “When trying to make yourself at home it is the small things that matter! Focusing on little conveniences, large spaces and memorable moments, the residences embody the warmth and comfort of home.”

Located about 30 minute drive from airport, it is well-connected to the city’s elite corporate hubs of Hitec City, shopping arcades, heritage sites and commercial destinations.

Alongside being the first serviced apartment operated by an international brand, Oakwood Residence Kapil Hyderabad is also the only serviced apartment to have fully equipped western style kitchens. It offers duplex apartments in the city and is the only property in Hyderabad with pet-friendly policies, the company said.

“Understanding the need and the opportunity in this segment, we identified Hyderabad as the location for our sixth property in India and the 28th in Asia. Present in eight countries across Asia, Oakwood will now boast of over 3,500 plus associates and close to 80 per cent of the fortune 500 clients. Our global standards and one-of-its-kind offerings that is synonymous with the Oakwood brand is what will set us apart from the rest in this very promising and competitive market,” said Michael Price, Director of Operations South South East Asia, Oakwood Asia-Pacific.

Oakwood Residence Kapil Hyderabad extends the brand presence of Oakwood which alreadyhas five properties in India in Pune, Bangalore and Mumbai and is planning few more with the first addition likely near Mumbai airport.

Article source: http://www.thehindubusinessline.com/companies/oakwood-enters-hyderabad-plans-few-more-properties-in-india/article7499511.ece

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