Oakwood has launched a new serviced residence in India.
The 143-unit Oakwood Residence Prestige Whitefield Bangalore opened this month, featuring a range of studio, one- and two-bedroom apartments, all with home entertainment system, kitchens, washer-dryers and Wi-Fi. The property also includes a restaurant and bar, fitness centre, outdoor swimming pool and business services.
“India, being one of the world’s fastest growing economies and favored destination for global investment, continues to be a key market as we look to expand in the region. We are especially excited to see the opening of our fifth property in India which reinforces our position as an industry leader and the largest global serviced apartment operator in the country,” said P G Mathew, managing director for Oakwood.
The Bengaluru property adds to Oakwood’s existing portfolio of four properties in India with a further three expected to open by 2016.