Oakwood Partners with Kapil Group (BVM Energy and Residency Pvt. Ltd.) to Open Second Property in Hyderabad
Oakwood Hotel & Apartments Kapil Hyderabad Set to Open in 2021
Left to Right: Hoshang Garivala - Director of Operations India, Oakwood Worldwide (Asia) Pte Ltd.; Paul Stocker - VP Sales Marketing & Revenue Management, Oakwood Worldwide (Asia) Pte Ltd.; Vaman Rao - Chairman, Kapil Group; Haritha Rao - Director, Kapil Group; Krishnaaiyya - Managing Director, BVM Energy & Residency Pvt. Ltd. at the signing ceremony
HYDERABAD – Oakwood Worldwide, wholly owned by Mapletree Investments (“Mapletree”), today signed a partnership with Kapil Group (BVM Energy and Residences Pvt. Ltd.) to open its second Oakwood-branded property in Hyderabad in 2021.
“Hyderabad has been developing at a rapid pace with its emerging IT, pharmaceutical and Meetings, Incentives, Conference and Exhibitions (MICE) industries,” said Dean Schreiber, managing director, Asia Pacific, Oakwood Worldwide. “We are excited to be opening our fifth property in India and more specifically, we are proud to be able to provide quality corporate housing solutions to the evolving city in Hyderabad.”
Vaman Rao, Chairman of the Board of Kapil Group added, “We are delighted to partner with Oakwood again and we selected the Oakwood Apartments product for this development project for its approach towards modern serviced living.”
Located near the Rajiv Gandhi International Airport, Oakwood Hotel & Apartments Kapil Hyderabad offers 175 units of hotel rooms and serviced apartments with facilities such as a swimming pool, children’s wading pool, gym and restaurant. Services include 24-hour concierge and reception services, business services and high-speed internet connectivity.