Oakwood makes market entry into Malaysia

Oakwood makes market entry into Malaysia

New KL hotel and residences to open in second half of 2016

New KL hotel and residences to open in second half of 2016

Elsie Chua, chairman of Plenitude Berhad, signs the deal with Oakwood's Dean Schreiber
Elsie Chua, chairman of Plenitude Berhad, signs the deal with Oakwood’s Dean Schreiber

Oakwood Asia Pacific has signed an agreement that will lead to the launch of its first property in Malaysia.

Scheduled to open in the second half of 2016, the new Oakwood Hotel & Residence Kuala Lumpur will be located in the historic Ampang district of Malaysia’s largest city, a short walk from the Petronas Twin Towers.

The management agreement was signed with Plenitude Berhad.

“We are proud to establish our footprint in Malaysia with the opening of the first Oakwood-branded property in Kuala Lumpur,” said Dean Schreiber, managing director of Oakwood Asia Pacific. “Kuala Lumpur is an important destination for us, especially with the Malaysian capital emerging as one of Southeast Asia’s most alluring metropoles.

“We have seen a rising demand for a dual hotel and residence property in the city and know that Oakwood Hotel & Residence Kuala Lumpur will be an environment in which guests will feel right at home. As more travellers appreciate the benefits of the Oakwood accommodation offering, we will continue to grow our portfolio to meet these demands around the globe.”

The new property will feature 252 units, plus a swimming pool, children’s wading pool, gym and restaurant. Guests will also be offered 24-hour concierge services and business amenities.

Oakwood Hotel & Residence Kuala Lumpur will become the company’s 28th Oakwood-branded property across 16 Asian cities.

Mark Elliott
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Mark Elliott
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