Yotel has announced plans to open its first hotel in Scotland’s capital Edinburgh in quarter one of 2019. The city centre hotel will be located on the famous Queen Street in Edinburgh, at Erskine House.
Yotel Singapore, the first Yotel in Asia, opened its doors to guests earlier, offering 610 rooms across 30 floors. By integrating the elements of luxury hotels into smartly designed spaces, Yotel aims to provide a seamless and intuitive guest experience by giving guests everything they need and nothing they don’t.
Starwood Capital Group has committed to making a strategic investment of $250 million in Yotel. The deal includes acquiring a 30 per cent stake in the company and investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as Yotel expands its international scale.
Yotel has opened its second US location in Boston’s buzzy Seaport District. Inspired by first-class airline travel, Yotel Boston features smartly designed cabins, a technology-driven guest experience, clever social spaces for co-working, relaxing and socialising.
Yotel has announced plans to open its third property in the UK in late 2018 with a 212-cabin hotel in Central London’s creative quarter of Clerkenwell at 96-100 Clerkenwell Road. The project, developed by Medina Investments, has already broken ground and is set to open in late 2018.
Inspired by first class travel, Yotel translates the language of luxury airline travel into small but luxurious ‘cabins’. These include a signature adjustable ‘SmartBed’ with luxury bedding, rejuvenating monsoon rain showers, relaxing mood lighting and a ‘techno wall’ with smart TVs, multi power points and easy connectivity. Here Breaking Travel News editor Chris O’Toole sits down with chief executive Hubert Viriot to find out more about this small company with global aspirations.
Yotel has announced the Paris location for their next hotel opening. Due to open in July, it will be the first ever in-terminal hotel at Charles de Gaulle Airport. The luxury cabins will be situated in the secure transit area in Terminal 2E, home to Air France and the SkyTeam Global Alliance. Yotel’s Paris launch will form part of the opening of the brand new airport lounge area Instant Paris.
Yotel, the technology-focused hospitality brand, is set to embark on significant international growth plans from next year which will see 12 new Yotel branded hotels open by 2018. The group, which first opened its doors in 2007, has four sites already in operation - one city centre New York hotel, complete with luggage-storing robot (Yobot), and three airport hotels, situated in London Gatwick, London Heathrow & Amsterdam Schiphol.
YOTEL has entered into a brand-wide partnership with mattress company Serta, to develop a unique mattress that will serve as YOTEL’s new signature sleep standard.
YOTEL is planning a 600 cabin property in Singapore. The hotel, which will be located on Orchard Road, the epicentre of Singapore of is due to open in 2018. It will act as a springboard into Asia for YOTEL, following the opening of its 669 cabin hotel in Times Square, New York.
YOTEL has brought in $250 million in equity funding which will be used to develop $650 million worth of North American hotels within the next five years.
Fast-growing international developer IFA Hotels & Resorts has scored another major coup with news that it has closed a financing and acquisition deal valued at US$315 million for its YOTEL New York property, the largest hotel opening in the Big Apple this year.