The now 34-strong upmarket pub group has signed a 25-year lease with The Bedford Estates and expects to open the venue - which has 48 bedrooms, seven individual cottages, events spaces, a restaurant and a large bar - on 17 May as indoor dining resumes.
The site will be Oakman Group’s largest and takes its total number of bedrooms to 225 across the 13 venues which have accommodation.
"We are developing our ability to provide compelling ‘stay-cation’ packages as well as ensuring we meet the needs of business travellers,” says chief executive officer Dermot King.
“As well as all the local attractions, The Woburn Hotel has the advantage of being only twenty minutes from Luton Airport and only ten minutes from the commercial centre of Milton Keynes.”
The hotel was closed last year due to the impact of Government restrictions and its reopening is set to create around 60 jobs.
Just two weeks ago, Oakman Group acquired six former Seafood Pub Company sites in the North of England.
The businesses founder Joycelyn Neve will join Oakman to oversee the new Seafood Pub division.
The deal will restore some 150 jobs that were lost when the business fell into administration in June last year.
Oakman Inns was founded by entrepreneur and Peter Borg-Neal in 2007 when he opened The Akeman in Tring, Hertfordshire.