OAKWOOD OPENS IN BANGKOK AT 2,300++ BAHT A NIGHT

Oakwood Residence Sukhumvit 24 Bangkok, which opened, in December, has launched special introductory rates* valid until May 31, 2008.
Oakwood – “The Most Trusted Name in Serviced Apartments Worldwide” – is offering nine different room-only rates, starting from as low as THB 2,300++ for a Studio Standard room, to THB 4,615++ for a two bedroom Grand Deluxe.

Also available are packaged rates inclusive of breakfast, high speed internet access, one-way airport transfer and late check-out. Package rates start from THB 2,565 ++ for a Studio Standard room, to THB 4,870++ for a two bedroom Grand Deluxe.

Mr John MacNeill, General Manager of Oakwood Residence Sukhumvit 24 Bangkok, said: “The introductory rates we are offering are a great opportunity for both short and long-stay leisure travelers, to experience the independence that a serviced apartment offers.

“City-break vacationers will also appreciate Oakwood’s central location, in the heart of the Sukhumvit entertainment, shopping and dining district. Our pricing is very competitive. Our location is excellent. Our facilities are brand new and supported by Oakwood’s trusted name in service delivery.”

Oakwood Residence Sukhumvit 24 Bangkok offers amenities such as broadband Internet in every room, 32-inch LCD TV with DVD player, fully appointed and equipped kitchen, satellite TV (all major languages), refrigerator, toaster, coffeemaker, ceramic hob cooker, microwave, Sealy Posturepedic double bed, in-room safe and hairdryer. The two-bedroom apartments include washing machine and oven.

Amenities also include Wild Wood Grill restaurant, rooftop swimming pool, gym, residents’ lounge, 24-hour lobby reception and security.

Terms and Conditions:
Rates are subject to 5% service charge and 7% government tax
Rates are subject to availability

Source: Oakwood Asia Pacific release dated February 11, 2008

For further information and reservations, please contact:
Oakwood Residence Sukhumvit 24 Bangkok
15 Sukhumvit 24, Klong Toey,
Bangkok 10110, Thailand
Tel: +66 (0) 2612 5753
Fax: +66 (0) 2612 5655
E-mail: reserve.sukhumvit24@oakwoodasia.com
Web site: www.oakwood.com

About Oakwood Worldwide
Founded in 1960, Oakwood Worldwide (www.oakwood.com) is the world's largest serviced apartment management firm, with more than 30’000 serviced apartments throughout North America, Asia and Europe.

A division of Oakwood Worldwide, Oakwood Asia Pacific, is based from a regional headquarters in Singapore and is a joint venture between Oakwood Worldwide and Colony Capital, an international investment fund. Oakwood Asia Pacific oversees Oakwood’s portfolio throughout Asia Pacific including properties in Bangkok, Beijing, Guangzhou, Pune, Seoul and Tokyo and a large number of future developments in China, India, Indonesia, Philippines and Thailand.

Oakwood Asia Pacific manages Asia's finest serviced apartments for business and leisure travelers, as well as luxury vacation resorts. In the Pacific Rim, Oakwood properties are known by the following brands: Oakwood Premier, Oakwood Residences, Oakwood Apartments, Oakwood Premier Resorts and Oakwood Resorts.

Oakwood Premier serviced apartments are designed for international travelers who demand luxury and style. Located in prime center city locations, Oakwood Premier properties combine sumptuous apartments with five-star hotel service, such as daily housekeeping, airport limousine pickup, and onsite restaurants with room service. Properties are currently located in Tokyo, Japan and Seoul, Korea and will soon be established in China, India, Indonesia and Thailand.

Oakwood Residences combine the spacious comfort of a private home, with the services and security of a four-star hotel. Each location offers a distinctive range of amenities and high-quality apartments with high-speed Internet. Oakwood Residences are currently located in cities such as Bangkok, Thailand; Beijing and Guangzhou, China; Pune, India; and Tokyo, Japan; and properties are being added in other major Asian business capitals such as New Delhi and Bangalore, India.

Oakwood Apartments in Asia provide modern and chic serviced apartments with limited services and amenities. In locations such as Beijing and Tokyo, Oakwood Apartments offers exceptional comfort that is a superb value.

Coming soon are Oakwood Premier Resorts and Oakwood Resorts brands which will bring the Oakwood concept of a beautiful furnished residence or villa to some of the world's most stirring resort destinations including Bali, Indonesia.