Dubai to get region's first Yotel property

Yotel, an affiliate company of Kuwait-listed IFA Hotels & Resorts, has signed a long-term agreement with Dubai Investment Properties (DIP) to operate a new hotel in Dubai, marking the hospitality brand's first property in the Middle East.

The hotel is part of a major new development located on Sheikh Zayed Road, directly adjacent to the upcoming Dubai Water Canal Project and at the gateway of Business Bay.

The hotel will be a short walk from the Business Bay Metro station and just minutes from Downtown Dubai, the Burj Khalifa and the Dubai Mall.

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.

Hubert Viriot, CEO of Yotel, said: “Dubai has a thriving hospitality market but lacks 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.”

With over 10 million visitors in 2014, Dubai was the fifth most visited city in the world by international visitors, with Saudi Arabia, India, the UK and the US topping the list of source markets.

Yotel currently operates three airport hotels and one city hotel in Manhattan, New York. It is expanding rapidly with seven new hotels under development globally.

Follow Emirates 24|7 on Google News.