Oakwood Corporate Housing - Temporary Furnished Apartments for Extended Stay

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Melissa Micallef, Oakwood Asia Pacific

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Oakwood Worldwide Expands India Presence with Additional Luxury Property –

Oakwood Premier Mumbai

Company plans to add eleven properties to portfolio in India by 2011

LOS ANGELES (February 04, 2009) – Oakwood Worldwide, the leading, global temporary housing provider, today announces the opening of Oakwood Premier Mumbai, its newest five star premier property, offering a lush environment, impeccable amenities and service offerings in the financial capital of Mumbai, India. With three properties now operational in India, Oakwood plans to have a portfolio of eleven properties in the country by 2011, including locations in Bangalore, Mumbai and Pune, and future properties in Chennai, Hyderabad, New Delhi and Trivandrum.

“Oakwood Premier Mumbai brings a new standard of luxury serviced apartments to the fashionable Juhu Beach area, popular with Bollywood celebrities and elite travelers,” says Frank Foster, Vice President, Marketing & Sales, Oakwood Asia Pacific. “The posh boutique property is designed in the style of a private European mansion complete with an ocean view restaurant, signature swimming pool and an exclusive fitness centre suitable for business and leisure travelers requiring luxury and unparalleled service. With magnificence in every room, Oakwood blends the opulence of a home away from home atmosphere with hotel style amenities.”

Oakwood Premier Mumbai is located approximately 30 minutes from the international and domestic airports respectively, and its proximity to upscale boutiques, shopping malls, multiplexes and world-class spas, is an added attraction. The area also boasts some of the finest restaurants specializing in an array of international and ethnic cuisines much enjoyed by the affluent and exclusive lifestyles of guests. Housing 62 fully furnished and luxurious studio, 1-bedroom, 2-bedroom apartments along with a penthouse, the Oakwood property provides a gamut of lavish facilities and amenities including:

· Rooftop ocean view restaurant and bar

· Rooftop infinity pool

· Residence lounge and al fresco seating area

· Fully equipped fitness center

· Fully equipped business center

· 24-hour room service

· 24-hour front office and security

· Laundry and dry cleaning services

Ms. Supriya Malhotra, General Manager of Oakwood Premier Mumbai adds, “The range of amenities, innovative facilities and personalised services, give guests the opportunity to enjoy city living while relaxing in a private residence.”

Globally, Oakwood has relationships with 85% of the Fortune Global 500, many who have entrusted their accommodation needs exclusively with Oakwood out of a commitment to a superior product and the “gold standard” of service excellence met at every Oakwood apartment around the world.

About Oakwood Worldwide

Oakwood Worldwide is the global leader and provider of furnished and serviced apartments. For one need or many, local or around the globe - Oakwood offers flexible, easy-to-use, custom solutions to meet any temporary housing need.

A wide range of inventory and supplier management options allows Oakwood to provide the optimal housing solution whenever and wherever needed. With more than 3,500 Oakwood associates worldwide, nearly 23,000 apartments, and more than 300 network partners, Oakwood can meet any need and delivers with reliability clients can trust.

Their staff of trained professionals throughout the world, innovative technologies and unparalleled customer service have made Oakwood the premier choice in temporary housing solutions for nearly 50 years.

A division of Oakwood Worldwide, Oakwood Asia Pacific manages Asia's finest serviced apartments for business and leisure travelers in China, India, Indonesia, Japan, Korea and Thailand. An additional 26 properties are scheduled to open by 2011 in strategic locations across Asia Pacific. Oakwood Asia Pacific operates Oakwood Premier, Oakwood Residence and Oakwood Apartments with Oakwood Premier Resorts and Oakwood Resorts coming soon.

For more information, please visit www.oakwood.com.

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