YOTEL has announced the signing of YOTEL London Shoreditch. The former East London Hotel will be re-branded as a YOTEL and will open in April 2022.
The hotel is conveniently located in the heart of vibrant East London, on Cambridge Heath Road. It already incorporates some of YOTEL’s minimalistic design features and facilities. As part of the conversion, the property will receive a light refurbishment to incorporate YOTEL’s signature design and technology features. Guests will be able to check-in in under a minute on self-service stations at Mission Control and will be able to use their mobile devices as SmartKeys.
Less than three minutes’ walk away from Bethnal Green tube station, the hotel is situated in a vibrant part of East London, home to many creative start-ups, media agencies, and entrepreneurs. The area is conveniently connected to the city centre, famous London landmarks, and leisure attractions through various transport links. It is well supplied with cocktail bars, urban wineries, and world-class restaurants. Guest staying at the hotel will be a short walk away from London Fields, Broadway Market, and Columbia Road.
Hubert Viriot, CEO, YOTEL, said:
Being able to secure two franchise deals in under three months is testament to the growing strength of the YOTEL brand and its increased relevance in delivering low-touch high-tech hospitality experiences. We’re delighted to be working with institutional partners Crestline and Avelios, which once again showcases YOTEL’s continued sophistication in working with established hotel owners and investors.
Viriot added:
As with YOTEL Manchester, YOTEL London Shoreditch contributes to the more than 1,200 keys in our UK portfolio and is testament to the continuation of our hotel conversion strategy as well as our expansion plans in the UK and Europe whether through franchise or hotel management agreements. We are looking forward to emulating this strategy in other cities around the world.
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The 161-guest room hotel is ideal for both business and leisure travellers, featuring several room types, from double and twins, to family and interconnecting rooms. Accessible via the high street and hotel lobby, the hotel also features its own beautifully designed bar, restaurant, and co-working space.
The group currently has 19 hotels in operation worldwide, from San Francisco to New York, Amsterdam to Istanbul, and all the way to Singapore. The next YOTEL to open will be YOTEL and YOTELPAD Miami in spring 2022, followed by YOTEL Geneva later in the year.
YOTEL London Shoreditch marks the group’s fifth city centre hotel in the UK, the fourth franchise property, the second UK hotel conversion and the nineteenth hotel in operation globally. The hotel is owned by Crestline Investors Inc. (“Crestline”) and Avelios Investors (“Avelios”) and will be managed by Michels & Taylor.
Andrey Panna, Partner at Crestline Europe LLP, said:
We are excited to be working with YOTEL as franchisor to our hotel and are looking forward to a successful and long-term partnership.
Guido Lang, CIO Avelios, said:
YOTEL brings the right mix of fresh and innovative design coupled with a unique guest experience to the hotel.
Peter Hales, Managing Director of Michels & Taylor Hotel Management, said:
We are delighted to be running our first hotel under the YOTEL brand. The innovation and quality of the brand will add significant value to the hotel’s operation, and we look forward to working closely with all the YOTEL team in the coming years.
Featured image by YOTEL
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