Yotel is planning a worldwide expansion of its capsule-style hotels after securing a US$250million investment.
The Yotel brand was launched a decade ago and its current portfolio includes two airport hotels in the UK at Heathrow and Gatwick plus airport hotels in Amsterdam and Paris as well as city hotel in New York and Boston in the USA.
Yotel will focus its growth on Europe, North America and Asia.
It has already secured city centre sites in Edinburgh and Glasgow which are expected to open by 2019. It also has a property in the pipeline in Clerkenwell in central London.
Globally, Yotel is targeting the opening of 50 to 60 new hotels in next five years.
Details:http://www.yotel.com/en