Dao by Dorsett announces its first property in Asia. Dao by Dorsett AMTD IDEA Singapore is owned by DHI Downtown Pte Ltd, a joint-venture company of AMTD Assets Alpha Group under the AMTD Group Inc and Dorsett Hospitality International Limited. The property rebrands from Oakwood Premier AMTD Singapore on 1 July 2022.
The luxury serviced residences and hotel along Shenton Way was initially owned by OUE and sold in 2019 to joint venture firms formed by Hong Kong financial services firm AMTD Group and Hong Kong-based hotel operator Dorsett Hospitality International. It was rebranded from Oakwood Premier OUE Singapore to Oakwood Premier AMTD Singapore. Below is a video of our stay in 2017 when the property was still Oakwood Premier OUE Singapore.
According to a press release from Oakwood, it has successfully concluded a five-year management agreement with DHI Downtown Pte Ltd, an affiliate of Dorsett Hospitality International. Oakwood Premier AMTD Singapore successfully launched the brand’s Oakwood Premier Mobile Bar concept and partnerships such as the Klook x McDelivery: Happiest Night-In Staycation. Oakwood Studios Singapore will be the only Oakwood property in Singapore after the rebranding of Oakwood Premier AMTD Singapore to Dao by Dorsett. Oakwood also has two properties here, under The Unlimited Collection by Oakwood featuring shophouse properties including Wanderlust and Ann Siang House.
“Oakwood is thankful to be entrusted by DHI to manage this impressive landmark in the heart of Singapore’s Central Business District. The commercial success of Oakwood Premier AMTD Singapore bears testament to the collaborative effort and synergy between our operations team and the Ownership. This is a privilege which we do not take lightly. As we approach the maturity of our five-year agreement, I would like to express our sincere appreciation for the opportunity to deliver on our mandate and achieve our aspirations together,”Dean Schreiber, Chief Executive Officer of Oakwood.
There are 268 fully serviced apartment units with studio, one- to three-bedroom options, two dining destinations and a pool deck that overlooks downtown Singapore and the upcoming Greater Southern Waterfront.
DHI Downtown has appointed Roy Liang as the General Manager of Dao by Dorsett AMTD IDEA Singapore. Roy has been with the property since pre opening. He and his team will spearhead several new initiatives at Dao by Dorsett AMTD IDEA Singapore, including a deeper integration into the local community, exciting chef pop-ups at the pool deck, wellness-focused offers and a number of art and community tie-ups.
AMTD Assets Alpha Group is the real estate arm of AMTD Group, focusing and specialising in hospitality and lifestyle concepts globally. AMTD Assets Alpha offers a customer centric VIP members approach for its business portfolio comprising stylish hotels and serviced apartments, property rental, food and beverage and club membership services across major cities globally.
Dorsett Hospitality International is a Hong Kong hospitality brand that was established in 2007. It has an an international footprint in 25 major cities worldwide with a total of 54 properties with strategic partners TWH and AGORA Hospitality Group. The group has four core brands – Dorsett Hotels & Resorts, Dao by Dorsett, d.Collection and Silka.
Dorsett Hospitality International has one existing property in Singapore. The 10-storey Dorsett Singapore opened on 28 March 2013 and launched the 26-Hour Full Stay three years ago offering flexible check-in and check-out times allowing guests to stay for a full 26 hours.
“AMTD enjoys our partnership with Dorsett, with our long-built trust with each other and our deep understanding of Dorsett’s leading roles in the industry and capabilities, we are confident that our prestige hotel under the Dao brand will be taken to the next level and best serve our customers from worldwide.”Dr. Calvin Choi, Chairman of AMTD Group.