Elsie Chua, chairman of the board, Plenitude Berhad and Dean Schreiber, managing director, Oakwood Asia Pacific signing the management agreement
SERVICED residence operator Oakwood Asia Pacific is set to enter the Malaysian market in September 2016 after a confirmed partnership with developer Plenitude Berhad signed yesterday.
The 252-unit Oakwood Hotel & Residence Kuala Lumpur will be located in the Malaysian capital’s Ampang district and is catered for both business and leisure travellers.
Facilities include a swimming pool, children’s wading pool, gym, restaurant, various meeting rooms and a grand ballroom. High-speed internet connection and 24-hour concierge and front desk services will also be available.
According to Elsie Chua, chairman of Plenitude Berhad’s board, 50 million ringgit (US$12.3 million) has been invested for the renovation and upgrading of the Oakwood property, which takes over the space formerly occupied by The Nomad Sucasa Kuala Lumpur.
Oakwood Hotel & Residence Kuala Lumpur is the operator’s 28th Oakwood-branded property across 16 cities in Asia.
