Oakwood Sees No Limits to Development Pipeline

“We really see no limits to our development pipeline,” Dean Schreiber, CEO of Oakwood and managing director of Oakwood Asia Pacific, tells GlobeSt.com about the firm’s geographic focus. Last month, the investor announced plans to significantly expand its hospitality services with a goal of doubling its branded properties by 2025. The firm plans to execute that strategy globally, starting in the US, Europe and the Middle East.

“Our first focus is where our guests want us to be and through our business knowledge, we know where our clients want to stay, the type of accommodation they need, be it studios, one or two-bedroom apartments, and price points,” Schreiber says. “Through operating a stable hybrid of long and short stays, we know if we open a property, exactly how quickly we can fill it and at what rate. This also gives owners the reassurance when they sign up with us, what they can expect from day one.”