ASAP Member Oakwood is moving out of the global housing solutions business to focus on the development and growth of its hospitality portfolio, significantly expanding its proven capability in  the industry.

In March 2020, Oakwood entered into a strategic partnership with ASAP Member Dwellworks to operate a brand-agnostic service to source accommodation for guests around the world. Dwellworks has an exclusive license to Oakwood’s epic™ technology platform, an end-to-end accommodations management solution, and access to the industry’s most complete and fully-vetted supply chain for housing solutions.

There are currently more than 80 Oakwood properties operating globally, and the company has committed to doubling its portfolio of managed properties by 2025, including plans for 20 properties in the next two years in Asia Pacific, a new multifamily portfolio in Seattle and several active proposals across key cities in the US. Its first two properties that will be opening in Dubai in 2021.

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