LOS ANGELES, Nov. 14 /PRNewswire/ -- Los Angeles-based Oakwood Worldwide (www.Oakwood.com) has expanded its leading position in the Tokyo extended stay market with the announcement of two new properties in the Japanese capital, bringing its total to seven locations. For extended stay travelers, Oakwood's chic serviced apartments are an ideal alternative to hotels. NOW OPEN -- OAKWOOD APARTMENTS ROPPONGI CENTRAL Oakwood has opened a 69-unit property named Oakwood Apartments Roppongi Central located in the heart of Roppongi, Tokyo's famous international gathering place for both business, leisure and nightlife. Oakwood Apartments Roppongi Central offers stylish Studio, One Bedroom and Two Bedroom serviced apartments with Broadband, flat screen television and trendy decor. The property features a private gym and business center. Extended stay rates begin at JPY16,000 per night (approx. US$135)(currency exchange rate subject to change). Reservations are available at www.Oakwood.com, 1-877-902-0832 (US) or 81-3-5786-7800 (Tokyo). Oakwood was selected to operate the property by GIC Real Estate Pte Ltd (GIC RE). GIC RE, through its affiliate, recently acquired a 100% interest in the property. COMING IN 2007 -- OAKWOOD PREMIER TOKYO MIDTOWN In March 2007, the luxury Oakwood Premier brand will arrive in Japan with the opening of Oakwood Premier Tokyo Midtown, a posh new property located in the new Tokyo Midtown master-planned development being built in Roppongi by Mitsui Fudosan, Japan's largest real estate developer. The 107-unit Oakwood Premier Tokyo Midtown will offer the pinnacle of serviced apartment accommodation with features such as widescreen home theatres, drench showers, lush bedding and gourmet kitchens. Oakwood Premier will also include a business center, fitness and exclusive lounge for its residents. In addition to Oakwood Premier, the visionary Tokyo Midtown development will include Japan's tallest building featuring the Ritz-Carlton Hotel; a medical center inclusive of Johns Hopkins Medicine International; the Suntory Museum of Art; a world-class shopping mall; and several office and residential towers. The entire complex will be rimmed by beautiful new parkland. Los Angeles-based Oakwood Worldwide is the leading global operator of serviced apartments and corporate housing, with locations throughout North America, Asia and Europe. Regional arm Oakwood Asia Pacific currently operates properties in Japan, China, Thailand, Philippines, and Korea with extensive future developments underway in India, Malaysia and Indonesia.
SOURCE Oakwood Worldwide