Yotel wants to duplicate New York City success with more hotel conversions
- Jun 11, 2012 8:15 am
Skift Take
With another New York location announced last week it’s clear that Yotel sees promise in converting existing properties to its unique, micro room offerings.
— Skift
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Yotel, the lodging brand with three pod-style hotels at European airports and one in New York City, has brought in $250 million in equity funding.
The money will be used to develop $650 million worth of North American hotels within the next five years.
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