A Kuwaiti-owned company is planning to roll out a global expansion of the Yotel "pod" hotels over the next five years. The announcement comes as the industry picks up worldwide and the company readies to open its US$300 million (Dh1.1 billion) Yotel property in New York's Times Square next year. IFA Hotels and Resorts, which is the majority investor in Yotel, says the brand is looking at launching between about 30 and 40 of the hotels over the next five years.

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