Oakwood to manage new China projects ahead of 2022 Olympics

Oakwood, a wholly owned subsidiary of Singapore-based Mapletree Investments, has partnered with Sinobo Thaiwoo (Zhangjiakou Chongli) Cultural & Tourism Co. to manage two serviced apartments within the Sinobo Taizicheng Resort in the Chongli district of Zhangjiakou in China’s Hebei Province. 

Notably, the Oakwood Suites Chongli and the Oakwood Hotel & Apartments Chongli will be located in the 2022 Winter Olympics Zhangjiakou Zone, which will host Beijing 2022 Winter Olympics events like snowboarding, skiing, ski jumping, Nordic combined and biathlon. 

Scheduled to open in December 2020, the Oakwood Suites Chongli will have 118 studio, one- and two-bedroom apartments. Public spaces will include a restaurant with a private dining room, a tea lounge, a lobby bar, a fitness center, a swimming pool as well as retail options.

Oakwood Hotel & Apartments Chongli will open in August 2021 in the Taizicheng Village, a mixed-use development with retail, restaurants, bars and co-working spaces. The property will have 173 guestrooms and one-bedroom apartments as well as a dining area, fitness center and meeting rooms.

“In addition to hosting the Beijing 2022 Winter Olympics, Zhangjiakou City will play an increasingly crucial role in the promotion of local economic, social and environmental developments,” said Kee Whye Yeo, co-president of Sinobo Land, in a statement.
 
The Taizicheng Resort will also have an international convention center, the mixed-use Taizicheng Village as well as the State Villas residences. The area will be accessible from Beijing in less than an hour when the  Beijing-Zhangjiakou high-speed railway is completed at the end of this year.