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.

2 months ago
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