Yotel has 12 new management contracts in the pipeline, 10 in US cities and two airport properties, responding to the need for compact, affordable, design-led, technically advanced hotels in major cities as an alternative to Airbnb and other room-sharing platforms.
The two “YotelAir” properties based at London Heathrow and Gatwick have their smallest rooms at 100sqft bookable by the hour, typically $49 for four hours compared with the average rate at Yotel New York ranging from $140 to $300/night.
The concept aims at the traveler who wants to combine the low cost, customer-focused user experience of room-sharing properties with the consistency of a recognisable hotel brand. Rooms were designed by aircraft cabin manufacturers, aiming to evoke the stylish efficiency of first-class airline cabins with glass showers, tech wall video and music entertainment unit, flip down desk and a bed that slides up into a couch. The Yotel app allows early check-in/late check-out, digital room key and local information.