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Oakwood, an Ascott brand, expanded its global portfolio by 30% in 2024, targeting "bleisure" travelers.
Ascott Limited, owned by CapitaLand Investment, has expanded its Oakwood brand by 30%, signing 16 new properties in 2024.
The brand's growth targets the increasing "bleisure" travel market, combining business and leisure.
Oakwood's portfolio now includes nearly 100 properties globally, offering a blend of hotel luxuries and serviced apartments, with a focus on on-site dining to cater to culinary tourism trends.
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Oakwood, una marca de Ascott, expandió su cartera global en un 30% en 2024, apuntando a los viajeros de "bleisure".