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news Oakwood’s extended-stay model provides needed stability The Bangkok Post © The Bangkok Post Ms Abdullah says hotels have to rely on the domestic market for the rest of this year as international tourists may not arrive until the fourth quarter. Oakwood’s extended-stay business model has helped it withstand the lack of international arrivals as it remains on pace to have 12 properties in its Thailand portfolio by 2023. “Our core business focuses on extended-stay guests and this has allowed us to survive the pandemic,” said Lina Abdullah, regional general manager for Cambodia, Myanmar and Thailand at Oakwood, a fully-owned subsidiary of Mapletree Investments.

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