Central London may be getting the next possible Yotel location, but this won’t be another fancy high rise.
Simon Woodruffe's Yotel chain, famous for its capsule-style rooms that are offered at hourly rates, hopes to make this particular project unique, as it will be underground.
Earlier this year, we wrote about The Kingsway Tunnels, a labyrinth of underground shafts that were put up for sale. The self-contained Kingsway Tunnels have a rich history as a reserve war room, an air raid shelter and a phone exchange during the Cold War.
The initial Yotel plan for The Kingsway Tunnels is for 100-150 capsules.
What's Driving This Trend
- Underground Hotels
- The trend of creating underground hotels, such as Yotel's planned Kingsway Tunnels location, offers the opportunity to create unique immersive experiences for guests.
- Capsule Hotels
- Capsule hotels offer a cost-effective and space-efficient option for travelers who prioritize convenience over space during their stay.
- Historic Bunker Repurposing
- Repurposing historic bunkers for commercial use presents an opportunity to preserve important historical sites while also generating revenue.
Who This Affects Most
- Hospitality
- The hospitality industry can incorporate capsule and underground hotels for travelers seeking a unique and cost-effective lodging experience.
- Real Estate
- Repurposing historical bunkers and underground spaces can create new opportunities for real estate development and investment.
- Tourism
- The development of unique and historic lodging options like underground hotels could help to increase tourism and attract visitors seeking new and immersive experiences.
