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Oakwood Web Site Netted Close to $20 million 
in Sales Last Year; New Version Launched
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Oakwood Managing the Gold Arch Residence in Guangzhou
LOS ANGELES- April 6, 2000 - �Slow must go,� declared Robbie Gluckson, VP e-commerce for Oakwood Worldwide, while today launching a new version of the company�s oakwood.com home page designed to double the speed of loading and navigation�and make it the fastest site in the entire lodging industry.  

�Go, Speed Racer, Go!� exclaimed Gluckson while surfing the new oakwood.com, which features a sleek new look, 24-hour-a-day reservations, virtual tours, and extensive information about Oakwood properties, destinations, and guest services.

Last year Oakwood netted close to $20 million in sales through the Internet. Gluckson expects that could double with the speed of the new site, and the booming extended stay lodging needs of today�s fast-growing companies. 

�Our business travel customers gave us straight talk,� said Gluckson. �Whether they are from a Fortune 500 company or a dot-com, when they reserve travel online, the thing they value most is speed. We always want Oakwood to provide the best total customer experience, and the online experience is now a major part of a client�s interaction with our company.�
 
 

Oakwood Managing the Gold Arch Residence 
in Guangzhou

GUANGZHOU, P.R.C. - March 30, 2000 - Living in Guangzhou has never been easier or more luxurious. Business travelers, expatriates and Hong Kong commuters can now keep a home in Guangzhou at the new Oakwood Gold Arch Residence  the city's first internationally managed serviced apartments. 

Long popular in Hong Kong and around the world, "serviced apartments" combine the spacious luxury of a private residence with the service and security of a hotel. In Guangzhou, older serviced apartments were previously only let by the year. The new Oakwood is the first serviced apartment accommodations to allow leasing by the month, providing maximum flexibility to multinational corporations seeking accommodations for their employees in Guangzhou. 
 

Located on Guangzhou's fashionable Er Sha Island, Oakwood Gold Arch Residence is a short drive from the Guangzhou Rail Station and is conveniently located close to shopping plazas and the Tian He business district. 

Initially opened in 1997, the property has undergone an extensive facility upgrade to meet Oakwood's international standards, including the additional of a sumptuous new 


Oakwood Gold Arch Residence Guangzhou , China
furniture package, with comfortable sizes for the Western clientele and an elegant design sure to delight the veteran international traveler. 

"Our vision was to create something new," says Mr. William Au, President of Gold Arch Real Estate Development Co., Ltd. "We wanted to bring together the best resources from around the world, and create the finest living environment for the international businessman." 

"We have created California-style villas and apartment buildings, designed by Hong Kong's famous C&A Architects," says Au. "The best Eastern and Western fittings have been used to complete the facilities. There are American and French international schools onsite. And
now the entire facility will supervised by the leading global management company for serviced apartments, Oakwood". 

"The living experience at Oakwood Gold Arch Residence will be about bringing comfort and security to international families," says P.G. Mathew, Managing Director for Oakwood Asia Pacific. 

Overlooking the Zhujiang (Pearl) River and adjacent to the Guangdong Art Museum & Opera House, Oakwood Gold Arch Residence offers more than 150 bright and spacious apartments ranging from efficient two bedroom units to elegant three and four bedroom suites. 

Oakwood Gold Arch Residence's elegant architecture and wide promenades offer a tremendous sense of space and style, and a comprehensive security team is visible throughout the property for the safety of Oakwood's guests. 

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Contact:
Oakwood Worldwide
Robert Philips, 310/268-8085
http://www.oakwood.com
Also See: Robert Dahl and Brondwyn Page Named Regional Sales Managers at Oakwood Corporate Housing / July 1999 
Oakwood Corporate Housing now Operating the 560 unit City Residence in Bangkok / Jan 1999 

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