Oakwood and DHI Downtown Celebrate Successful Completion of Management Agreement for Oakwood Premier AMTD Singapore
PR95884
SINGAPORE, May 10, 2022 /PRNewswire=KYODO JBN/ --
The five-year partnership yielded international accolades and superlative guest
reviews that reflect Oakwood's hospitality excellence and spirit of innovation
Oakwood® today announced the exit of Oakwood Premier AMTD Singapore from its
portfolio following the successful conclusion of a five-year management
agreement with DHI Downtown Pte Ltd, an affiliate of Dorsett Hospitality
International (DHI). With effect from 1 July 2022, the property will leave
Oakwood's global network and commercial engines.
"Oakwood is thankful to be entrusted by DHI to manage this impressive landmark
in the heart of Singapore's Central Business District. The commercial success
of Oakwood Premier AMTD Singapore bears testament to the collaborative effort
and synergy between our operations team and the Ownership. This is a privilege
which we do not take lightly. As we approach the maturity of our five-year
agreement, I would like to express our sincere appreciation for the opportunity
to deliver on our mandate and achieve our aspirations together," said Dean
Schreiber, chief executive officer of Oakwood.
Strategically located in the heart of Singapore's vibrant Central Business
District, Oakwood Premier AMTD Singapore opened in June 2017 to critical
acclaim. Designed to deliver on Oakwood Premier's brand promise of tailored
luxury, the celebrated property caters to discerning travellers who seek
indulgence and style in a personal sanctuary, evoking a feeling of home.
Amidst the consistent delivery of operational and service excellence, Oakwood
Premier AMTD Singapore also served as the launching pad for disruptive service
innovations, such as the brand's hallmark Oakwood Premier Mobile Bar
(https://www.oakwood.com/offers/premier-mobile-bar) concept, as well as
industry-leading partnerships like the Klook x McDelivery: Happiest Night-In
Staycation.
"We would like to congratulate Oakwood on the successful management of Oakwood
Premier AMTD Singapore attested by the property's operational and commercial
success. We extend our best wishes for Oakwood's journey towards market
leadership and its global growth momentum," said Clarence Wong, chief operating
officer, Southeast Asia and China, of Dorsett Hospitality International.
Oakwood was recently honoured as Asia Pacific's 'Best Serviced Residence
Brand'(
)by DestinAsian's Readers' Choice Awards 2022 with prestigious Top 10 rankings
by readers of the region's leading award-winning travel magazine among 'Best
Hotels' for its Oakwood Premier branded properties in national polls for Japan,
Singapore and South Korea.
For more information, please visit www.oakwood.com/
About Oakwood®
Oakwood®, a wholly owned subsidiary of Mapletree Investments, is a leading
brand in hospitality management. A pioneer of the extended stay segment,
Oakwood manages a global portfolio of award-winning properties that combine the
space and comfort of a private residence with the thoughtful services and
amenities of a hotel, ideal for both short and extended stays. Through this
specially crafted Oakwood experience that spans accommodation options
comprising elegantly-furnished serviced apartments, residential units and
hotels, guests are invited to feel a sense of belonging, familiarity and
reassurance whenever they stay at any Oakwood property around the world. For
more information, please visit www.Oakwood.com .
Source: Oakwood
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