"India, being one of the world's fastest growing economies and favored destination for global investment, continues to be a key market as we look to expand in the region," said Mr. PG Mathew, managing director for Oakwood's collection of 26 serviced apartments in the Asia Pacific region. "We are especially excited to see the opening of our fifth property in India which reinforces our position as an industry leader and the largest global serviced apartment operator in the country."

Led by Resident Manager Mr Varun Sharma, the 143-unit property overlooks the scenic Varthur Lake and is one of the largest serviced residences in Whitefield. Strategically located in the information technology hub of Bangalore and atop the popular Forum Value Mall at Whitefield, the property is in the proximity of the International Tech Park Bangalore, highly regarded international schools, renowned hospitals and a variety of entertainment, dining and shopping options.

A chic blend of modern living and elegance, Oakwood Residence Prestige Whitefield Bangalore offers the creature comforts of home with the pampering services of a hotel. Ideal for both long and short stays, guests can choose from a selection of immaculately furnished and well equipped residences, including studio, one- and two-bedroom units. Each private residence boasts a state-of-the-art home entertainment system, modern kitchen, fully automated washer and dryer, Wi-Fi, rain shower and many more amenities that make Oakwood the accommodation of choice.

Designed for every lifestyle, Oakwood Residence is attractive to both business and leisure travellers. The all-day dining Oakleaf Restaurant and Bar serves multi-cuisine offerings for gourmands looking for variety. Residents can rejuvenate in the well-equipped Fitness Center by Oakwood, relax in the stunning outdoor swimming pool and enjoy time with their family at the private children's play area. Business travelers can also make use of meeting facilities and secretarial services at the Genesis Business Services.

"With our great location and splendid offerings, we are well poised to cater to expatriates and business travelers from the growing IT hubs in our vicinity," said Mr Sharma. "And we will continue to deliver Oakwood's Gold Standard of service excellence and quality product offerings to our residents."

For more information, please visit http://www.oakwoodasia.com.

About Oakwood Worldwide

Oakwood Worldwide , based in Los Angeles, Calif., is the leading provider of corporate housing and serviced apartment solutions through its two well-known brands, Oakwood and ExecuStay . Both brands provide move-in-ready furnished housing designed to meet the needs of business travelers on long- and short-term assignments. Oakwood has access to the largest selection of housing options and a presence in all 50 United States and more than 55 countries. ExecuStay is the preferred corporate housing partner of Marriott International and is the only corporate housing brand where guests can earn Marriott Rewards points for stays at any ExecuStay location in the U.S.

For more information, please visit http://www.Oakwood.com and http://www.ExecuStay.com.