Oakwood opens first Phuket serviced-apartment development

Oakwood Hotel Journeyhub Phuket marks Oakwood’s entry into a resort location. Photo credit: Oakwood

Following a strategic partnership between Oakwood and Boutique Corporation Public Company Ltd. in February, Journey Hub Hotel Phuket, a property owned by Boutique Corp., has been rebranded as the Oakwood Hotel Journeyhub Phuket.

The companies have had a collaborative relationship since the establishment of Oakwood Residence Sukhumvit 24 in Bangkok more than 10 years ago. "We are excited to be launching Oakwood Hotels and Apartments across Thailand, a key market in Asia-Pacific that continues to thrive and attract both business and leisure travelers seeking long- and short-term accommodation options," said Dean Schreiber, managing director/Asia-Pacific, Oakwood, when the deal was signed earlier this year. "We have had an excellent relationship with Boutique Corp. for more than a decade and we look forward to growing the Oakwood portfolio in Thailand with our trusted partner."

"As the market shifts from a more corporate-dominated demand to an increasing number of leisure travelers opting to stay in serviced apartments, I am confident that we will have a strong portfolio of properties poised to extend the Oakwood hospitality to our guests in Thailand," said Prab Thakral, president/group CEO of Boutique Corporation Public Company Ltd.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Oakwood Hotel Journeyhub Phuket marks Oakwood’s entry into a resort location. The property has 171 rooms and suites along with a rooftop infinity pool, a fitness center and the Crossways Bar & Restaurant. The hotel is close to Jungceylon Shopping Centre, Bangla Road and Patong Beach.

The next opening for the partnership will be a 76-room property in central Pattaya. 

Oakwood is a wholly owned subsidiary of Mapletree Investments. The company offers furnished and serviced apartments, and is expanding its portfolio of Oakwood-branded properties throughout the Americas, EMEA and the Asia-Pacific region. In December, the company appointed Ken Moore as its managing director for Europe, the Middle East and Africa.

Suggested Articles

New developments and revitalization projects in major urban centers continue to create more demand for hotels in established markets.

The Secrets Lanzarote Resort is a conversion of the former Hesperia Lanzarote in Spain's Canary Islands. 

The debuts consisted of a Hotel RL in St. Louis, a Tru by Hilton in Springfield and a SpringHill Suites by Marriott in Kansas City.