Mr. Chua Tiow Chye, Deputy CEO of Mapletree Investments, said: “Mapletree is proud to launch the first Oakwood-branded serviced apartment project in Vietnam, and the second project in Asia Pacific, following the official acquisition of Oakwood Worldwide. Recognizing the growth potential of the serviced apartment segment, we plan to expand our business, invest, and develop serviced apartment projects globally under the Oakwood brand.”
“Vietnam is on a path of rapid economic growth, with more international flights arriving in the country and a rapidly growing demand for domestic travel. We believe this is the right time to make our mark and grow our presence in the country,” said Dean Schreiber, Managing Director of Oakwood Worldwide, Asia Pacific.
As the gateway to the Mekong Delta provinces, Ho Chi Minh City has the highest number of visitors in Vietnam. The number of international visitors to Vietnam is expected to reach 20 million by 2020. Domestic tourism is also expected to continue to increase by about 15%.
The facade of Oakwood Residence Saigon
In December 2016, Oakwood Apartments Ho Chi Minh City, the first Oakwood-branded serviced apartment, opened in the city. This April, Oakwood Residence Saigon continues to come to this potential area, located in the fastest-growing urban center of Phu My Hung, District 7, right next to SC VivoCity and Mapletree Business Center. Located in the heart of a wealthy residential area with a large expatriate community, Oakwood Residence Saigon is conveniently located near international schools, hospitals, restaurants, eateries, as well as the central business district, industrial parks and the Saigon Exhibition and Convention Center (SECC).
3-bedroom apartment at Oakwood Residence Saigon
With 237 fully furnished rooms ranging from studios to three-bedroom apartments, Oakwood Residence Saigon is suitable for short-term and long-term stays, especially for groups or families. Facilities include an outdoor swimming pool, fitness center, children's play area, BBQ area, recreation area, car parking, restaurant and multi-purpose meeting rooms.
Officially opening in April 2018, Oakwood Residence Saigon is offering a 10% discount for guests who book before June 30, 2018, with a minimum stay of one month. For short stays, guests can enjoy a 15% discount under the Best Flexible Rates policy for stays between April 2 and June 30, 2018.
News: BK - XN
