Yotel, known for its compact hotel rooms and high-tech guest experience, often close to airports or in city centres, is launching YotelPad branded residences that will be marketed for extended stay travel.
The first property, a branded residence in Park City, Utah, is scheduled to open in December 2019, with four other residences in the works in Dubai, Miami, and Geneva Lake, Switzerland, where there will be two.
It is understood that the majority of the brand’s initial developments will primarily be condo hotels, or branded residences, sold individually to owners who would have the option to put them into the rental market, paying a commission to Yotel for servicing and managing their units to an audience of extended stay guests.
YotelPad’s “affordable luxury” rooms are much smaller than normal extended stay hotels, starting at 215 square feet, with smart design and flexible, tech-driven furniture such as adjustable and foldable SmartBeds, en-suite bathrooms, fully equipped kitchenettes, a Technowall, and storage space. Communal areas include gym, bike storage, Amazon lockers, laundry, home cinema, library, and a Club Lounge for co-working, meetings, and entertaining guests. The YotelPad app acts as a digital concierge and digital key.
YotelPad aims to provide services and quality standards travellers cannot absolutely rely on with Airbnb, and to develop a sense of community while delivering a true experiential stay.