Your business in brief?
YOTEL was created by YO! founder Simon Woodroffe in 2005. He was inspired by first class travel and wanted to translate the language of luxury airline travel into a small but luxurious cabin combining technology and space-saving design.
Edinburgh is both a popular tourist and business hub and our new hotel will be a great addition to the city, appealing to both markets...the announcement of our Edinburgh city hotel plays an integral part in our future plans in Scotland and the rest of the globe.Sahrette Saayman, Director of Communications, YOTEL
The company opened its first hotel in 2007 and currently employs around 550 people globally. We are headquartered in London and have three city hotels in New York, Boston and Singapore.
We also operate four airport hotels under the YOTELAIR brand in London Gatwick, London Heathrow, Amsterdam Schiphol and Paris Charles de Gaulle airports. YOTEL is expanding rapidly, with new hotels under development globally, including a YOTELAIR in Singapore Changi Airport and Istanbul New Airport and new city hotels in San Francisco, London, Dubai, Edinburgh, Miami and Amsterdam. In January 2018, we announced the launch of a new brand, YOTELPAD with five deals in the USA, Europe and the Middle East.
Our major shareholders include the Al-Bahar Group, Starwood Capital Group, United Investment Portugal and Kuwait Real Estate Company AQARAT.
What makes Edinburgh an attractive market for you?
Edinburgh is both a popular tourist and business hub and our new hotel will be a great addition to the city, appealing to both markets. Our contemporary and playful design together with technology driven experiences, will offer an exciting alternative to the current mostly traditional offering.
YOTEL is on a rapid expansion path and the announcement of our Edinburgh city hotel plays an integral part in our future plans in Scotland and the rest of the globe.
What presence will you have here? What jobs or roles will be created?
Our Edinburgh city hotel at Erskine House on Queen Street will offer around 280 rooms ranging from Premium Cabins to VIP Suites. Each cabin will incorporate features including our ‘Technowall’ with adjustable mood lighting, smart TVs and adjustable SmartBed™.
There’ll be a two-storey screening room and destination bar fronting Queen Street, alongside YOTEL’s Club Lounge concept, which offers flexible meeting and co-working spaces as well as areas to relax and socialise.
We’re still working on the final headcount for the project, but it will be a combination of operational and back office support roles. We’ll have more information on this later in the year.
What's the vision for your business?
Our vision is to have 60 hotels under operation or development by 2023. Our main focus is in the USA; Europe, Middle East, Africa and Asia-Pacific. The expansion will happen under our three brands:
YOTELAIR – Travel Smart – 4 to 8 hours stay
YOTEL – Stay Smart – 1 to 3 days stay
YOTELPAD – Live Smart – 1 week to 6 months
If you would like to find out more about how we can help you and your business establish, relocate or expand within the city region, or would simply like more information about what Edinburgh has to offer, get in touch today.