Yotel, the micro-room specialist that began with sleep "cabins"
at London's Gatwick and Heathrow Airports in 2007 and has since expanded to
urban hotels, will enter the extended-stay market by 2020 with hotel-condominium
properties in Utah and Miami.
The brand, called Yotelpad, will have units starting at 215 square feet, which is about 50% larger than
Yotel's standard queen hotel rooms. Like the standard rooms, the Yotelpads will
have adjustable beds that save space by mechanically folding into couches. The
rooms will also have "work" and "relaxing" zones as well as
kitchenettes, while the projects' common areas will have gyms, storage areas,
Amazon lockers for deliveries, concierge services and laundry facilities.
The Yotelpad in Utah will be developed by Replay
Destinations as a condominium project at Canyons Village the base of Utah's
Park City Mountain Resort ski mountain. The 144-unit project, which breaks
ground this year and is slated to open in late 2019, will have an outdoor pool
and a hot tub as well as multiple firepits, a kids' area and a game room.
Purchase prices will start at $275,000.
The Yotelpad property
in Miami will have 250 rooms and 208 residential units when it opens in 2020.
The project, to be built by Aria Development Group, will be located within
walking distance of Brickell City Centre, while its rooms will have views of
the Miami skyline.
Yotel, which has hotels in New York and Singapore, opened a
property in Boston last year and will add one in San Francisco this year.