This new development marks the hospitality brand's first property in the Middle East.
The hotel is part of a major new development located on Sheikh Zayed Road. When complete in early 2018, the 42-storey property designed by Arkiteknik International will boast 438 'cabins', furnished with the brand's signature Techno Walls and Smart Beds, as well Yotel's exclusive Club Lounge, a multi-function co-working and recreational space. The property will also feature 127 serviced apartments, also managed by YOTEL, marking the brand's debut in the fast-expanding serviced residence space.
"We are delighted to announce our first project in the UAE with DIP" said Hubert Viriot, CEO of Yotel. "Dubai has a thriving hospitality market but lacks good quality, affordable luxury hotels. YOTEL Business Bay will put an end to this oddity and be a true flagship for our brand in the Middle East, a region with huge untapped potential. This project is also our debut into the serviced apartment segment, a natural extension to our brand DNA - smart spaces delivering outstanding value."
This agreement represents the first phase of Yotel's aggressive expansion into the Middle East. The company is currently in advanced negotiations on potential hotel projects in other key destinations in the region, including Riyadh, Jeddah, Istanbul and Abu Dhabi.
Yotel currently operates three airport hotels in London Gatwick, London Heathrow and Amsterdam Schiphol airports; and one city hotel in the heart of Manhattan, New York. YOTEL is expanding rapidly with seven new hotels under development globally, including two new airport hotels set to open at Paris Charles de Gaulle Airport (2016) and Singapore Changi Airport (2018); and five new city hotels currently under construction in Williamsburg, Brooklyn (2017) Singapore Orchard Road (2017), Miami (2017), San Francisco (2017) and Dubai (2018).
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