More about YOTEL
More about YOTEL
The 244-room property will be located on 63-69 City Road in Southbank - within walking distance of Melbourne's CBD, the Arts Precinct, Federation Square and the Melbourne Cricket Ground - to name a few.
Smart international hotel designed for modern, independent travellers to feature rooftop pool and terrace with short and long-term stay accommodation options.
YOTEL's first hybrid hotel at Istanbul Airport will welcome guests through its doors for the first time. The unique hotel offers 277 cabins before security (YOTEL Istanbul Airport) and 174 cabins after security (YOTELAIRIstanbul Airport).
YOTEL today announced its first hotel in Australia: YOTEL Melbourne, slated to open in 2022. The hotel has been signed under a management agreement with Cornerstone Partners Group, an integrated hospitality asset owner and developer with offices in Malaysia, Taiwan and Australia.
YOTEL announced today that a fund affiliated with Starwood Capital Group ("Starwood"), a leading global private investment firm, has committed to making a strategic investment of $250 million in YOTEL, including acquiring a 30 percent stake in the company and investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as YOTEL expands its international scale.
The hard brand Yotel is at the front line of luxury affordable accommodation. Heavily associated with airline travel and inspired by the compact accommodation of Japanese hotel cabins, Yotel's cabins are designed around their guests to provide them with the maximum comfort and luxury at a fraction of the cost of more typical hotels.