Yotel Development Brochure Final 2014
Yotel Development Brochure Final 2014
Yotel Development Brochure Final 2014
YOTEL
13 George Street
London W1U 3QJ
[email protected]
yotel.com
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INTRODUCING THE WORLDS MOST
RADICAL HOTEL
A FIRST CLASS
HOTEL
EXPERIENCE AT
YOTEL was created by YO! Founder Simon Woodroffe and
AN
YOTEL CEO Gerard Greene.
AFFORDABLE
revenue compared to other hotels.
YOTEL opened its first two in-terminal Airport hotels during 2007 at
the UKs largest airports, Heathrow and Gatwick, followed in 2008 by
Amsterdam Airport Schiphol.
PRICE
YOTEL New York, its first City centre hotel with 669 cabins and
20,000sqft of exciting and transformational public spaces opened in June
2011. Just two blocks west of Times Square at W42nd and Tenth Avenue,
the flagship YOTEL New York was the largest hotel to open in New York
in 2011 and in 2012 achieved LEED certified GOLD status. YOTEL worked
with one of New Yorks largest developers, Related, as well as designers
Rockwell Group in collaboration with Softroom of London to develop the
New York project which was part of a $1 billion mixed use development.
YOTEL New York continues to prove that affordable luxury is the
future of the hotel industry.
Yotel could be one of the most innovative
THE IPOD OF
additions to the tourist industry since
the budget airlines.
The Daily
Mail
THE HOTEL
INDUSTRY
Each new YOTEL whether airport or city will push the
core brand values further, being visionary,
adaptable, and unique from competitors in
location and presentation.
PREMIUM
touch of a button with handmade organic Laptop safe
mattress
Super silent heating and ventilating unit
En-suite bathroom with monsoon rain
shower, all over body wash, heated towel rail Floor to ceiling windows
and de-misting mirror
toile
monsoo t
hangi wor n
ng queen k showe
space
convertible des r
/ k
storag bed
e
Yotel is simply giving travellers what they
hangi
under bed vanity ng want; people are bored with drab look-alike
storage unit space chains, cubbyhole-size urban hotel rooms
/hand /
technowall / flat basin storag
and grimy bed-and-breakfasts.
screen TV e
New York
Times
OUR CABINS
AIRPORT
PREMIUM
These cabins can come with or
without windows, they are
100sqft/9.3sqm.
Moving beds that convert to a couch at the
Techno wall with flat screen TV,
iPod connectivity and multi power
points
Pull up work desk with multi power
touch of a button with handmade organic
mattresses points
En-suite bathroom with monsoon rain Super silent heating and ventilating
shower and all over body wash and units
de misting mirrors
storag
monsoo e
n
shower
2m x 1.3m windo
convertible w out
bed to
toile
t corridor
under bed
storage
hand
pull up work
basi
desk flat
n
screen TV
THE EXTRA FACTOR
At YOTEL City locations in addition to our Premium cabins
12 10 21 1 we also have
technowal vanit
l monsoo y toilet
n
6 6 x 5
queen
shower
CORNER VIEW CABINS
With dual aspect floor to ceiling windows and
convertibl
e bed
hanging
work
des
k
FIRST CABINS
336sqft/31sqm cabins with king beds and lounge
seating areas, some have outside private terraces
and hot tubs!
hot tub
terrace
rotatin tv
g terrac
bed e
tv
fireplac
monsoo
e
n
wor
shower 39 k
bat 4 des
h k
billards /
28
board
table
monsoon pull
out
shower sofa kitchenett
bed e
OUR SPACES
Our public spaces are a series of flexible, transformable
zones designed for YOTELs unique guest demographic
young at heart, highly educated, tech savvy, urban
individuals who enjoy variety, new experiences,
meeting new people and having fun. The spaces are a
destination for socializing, networking, events, parties
and meetings. Our unique spaces make YOTEL the
place to be and be seen.
Daily News
WORK, REST & PLAY
CLUB LOUNGE
Start your day early with breakfast here and then meet up with colleagues or clients to talk
business over coffee or a light lunch. The lounge provides flexible and informal meeting areas.
CLUB CABINS
These cabins surround the lounge and bar and are rentable for a few hours or a full day or night
and are perfect for business or leisure. They have a flat screen LCD TV that can be connected for a
presentation and a coff ee table that converts to a board table.
DOJO RESTAURANT
Dojo is the Japanese name for a performance space, this social restaurant allows guests to sit and
chat with friends on the large banquette tables or dine on the communal central platform area.
Its unique design means the tables lower into the floor space hydraulically to create a
performance space.
GYM
Our gyms are ideal for busy travellers, they are equipped with Technogym ellipticals, treadmills,
bikes, a rowing machine and weights.
Step outside onto the 7,000 sqft terrace for a
relaxing drink and impressive views across
the Big Apple. Laid-back daytime drinking on
comfortable seating transforms into a sultry
lounge bar by night. The bar itself straddles
the inside and the outside of the glass faade
and enjoys a great uptown view. Enjoy a lazy
brunch on the terrace at the weekends.
A DIGITAL BRAND
ULTILISING AN
ONLINE
Encouraging the continued growth of direct
business is a key part of our distribution
BUSINESS MODEL
strategy, to include:
Signifi cant on-going investment into our owned and
managed booking engine both for Airport (hourly) and
City. Along with a high level SEO/SEM web strategy.
40% of our revenue to be direct. Its currently over 30%.
We are mobile, ahead of the game in our comp set
with mobile booking sites already launched and YOTEL
city and airport apps available through itunes, on
blackberry and android devices.
Despite being a young brand, YOTEL New York ranks in
the top 10% of all New York hotels on review sites.
Strong social media presence with a very
high engagement level.
On-going on and offl ine PR coverage sustainable through
YOTELs ability to secure high profile media placements,
cultural calendar of events and brand partnership/
placement opportunities in TV and print publications.
YOTELs customer and target market is heavily biased
towards generation X and Y (poised to become the
worlds biggest consumer group). YOTEL is targeting the
tech savvy, new breed of independent, value
conscious, no frills traveller for the 21st century.
A
PROVEN
CONCEP
YOTEL New York has proved that affordable luxury is
the future of the lodging industry. In its first full year
of operation delivering an occupancy of 85% and an
ADR of upwards of $200 driving a GOP conversion of
T
close to 48%. (BTW - we only have 150 employees for
a 669-key hotel in Times Square).
The airport hotels trade at RevPAR penetrations to
their competitive sets of between 150% and 250%.
The YOTEL brand pulls demand from four star
boutique, three star design and limited
service hotels alike.
YOTEL has corporate accounts with the biggest names
in technology, media, fashion, airlines and fi nance.
In its opening year the hotel featured in more than
3,000 publications and appears regularly on news and
entertainment TV channels in the US.
YOTELs reputation for excellence in design and
technology has earned the hotel many
prestigious Awards for innovation & design: Travel
The spectacular Yotel New York
Weekly Magellan Awards, Worldwide Hospitality
is a hotel in miniature with
Awards, Boutique Design Awards, HSAMI Adrian
bigger than average views.
Awards, Design Week and Hospitality Awards.
The Sunday
Express
WE ARE GREEN....
We simply want to do our bit in trying to make our
business and the way we do business as sustainable
and environmentally friendly as possible, while also
giving a little bit back to our community and the people
we share this planet with. We believe what is good for
the planet also tends to be pretty good for people.
and
YOTEL is an urban brand and suited to should be used wherever possible within new
OPERATING AGREEMENTS
densely populated central locations developments The opportunity can be fee simple, lease/
In major cities, areas of fashion, design, We have a range of room types we can deploy management contract or territorial franchise.
technology and creativity are to maximise the use of challenging floor The focus of our expansion plan is on
preferable plates from a 100 sqft (9.3 sqm) windowless securing management contracts worldwide
Areas of high animation (ie lots of activity room to our 1,100 sqft (102 sqm) VIP room
from restaurants, bars, cafes, shops, etc) and Our 170 sqft/15.8 sqm bunk room is
close to major companies are ideal interchangeable with the city premium
INDICATIVE DEVELOPMENT
SCALE
cabin due to its size, but also achieves strong COST
revenue levels through flexibility
Our corner cabins achieve a strong revenue The cost will be dictated by the development
The YOTEL city product has a GIA of 250-350
per sqm and should be maximised on method and location specifics, in the UK we
sqft (approx. 23-33 sqm) per key for a new
sites where a view can be effectively are between 70k to 80k and in the US from
build development project
engineered into the development $130 to $150K per key.
YOTEL is looking for sites from a minimum of
approximately 50,000 to 150,000 sqft (4,650 to Our developments will also include a range of
13,950 sqm) and beyond our signature public spaces, such as Ground
Control, Mission Control and Club Lounge,
with a75%/25% front of house/back of
house split
FLEXIBLE BY
GROUN
D
luggage
club / lost
lounge property
office kitche
DESIGN
s n
mission control /
lobby
office
s
LEVEL 2 -
8
plan securit mis Our indicative layouts of a typical YOTEL illustrate the effi cient use of space and well-considered
plan
t y c housekeepin
t operational
accessibl flow.
premium These
premium plans
premium illustrate
premium premium a 178 cabin
premium premium scheme on a premium
premium premium floor plate
premium of just premium
premium 8,870sqft/825sqm.
accessibl
g e premium e
LEVEL
1
w accessibl premium premium premium premium premium premium premium premium premium accessible
house
c e keeping
office welfar studiy studiy
s e o o
w cabin
c s
LEVEL
9
first first first first first first
gy class class class class class class
accessible
plan IT storag back m terrac
t e of e
house
The current focus of IFA HR is two-fold. Firstly, Many of IFA HRs strategic partners are now
to maintain its core businesses in existing involved in the operation of the companys
markets by delivering superior products to completed developments. Their strong brands
customers; and, secondly, to drive expansion and expertise continue to add value to IFA HRs
across developed markets by leveraging YOTEL. portfolio by ensuring its customers enjoy a
In addition, IFA HR will continue to evaluate truly Living la carte experience one which
emerging markets for strategic acquisitions offers an unlimited choice of five-star products
and partnerships that diversify and expand its across a range of asset classes in destinations
existing portfolio in the Middle East, Europe, the world over.
Africa, the Indian Ocean, Asia and North
America.