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IFA Hotels enters the Netherlands with Yotel
Wednesday, November 28, 2007
IFA Hotels & Resorts (IFA HR) announced the entry of YOTEL, the revolutionary new hotel concept, into Amsterdam Airport Schiphol. Construction of the 55 cabin YOTEL has started with plans to welcome guests early 2008.

Talal Jassim Al-Bahar, Chairman and Managing Director of IFA HR stated, “In line with YOTEL’s global expansion strategy, we are delighted to announce the partnership with Schiphol Group and our entry into the Netherlands. YOTEL is the hotel of the future, offering luxury accommodation at an affordable price and the concept of YOTEL is ideal for major transportation hubs and urban destinations that host a strong mix of leisure and business visitors. Amsterdam, therefore, provides the perfect location for the first YOTEL location outside the UK.”

The Schiphol site, YOTEL’s third property, will be YOTEL’s first air-side hotel, located inside the airport terminal after passport control on the second floor of lounge 2, close to Pier D. One of Europe’s busiest airports, Amsterdam Airport Schiphol is the ideal site for YOTEL - a dynamic environment servicing business and leisure travellers with over 44.2 million passengers passing through it per year.

The first of YOTEL’s pioneering, luxurious cabin hotels opened in London in July 2007, within London Gatwick Airport’s South Terminal building. A cross between Japanese pod hotels and business-class air travel, YOTEL is the brainchild of Simon Woodroffe, founder of the YO! brand who hit upon the idea after being upgraded to first-class on a British Airways flight, and decided to translate the language of luxury airline travel into a small capsule-style hotel.

Woodroffe commented “The radical approach of the YOTEL brand with the signature YO! formula of innovation and entertainment fits well with Schiphol’s visionary picture of the new world. YOTEL aims to make the airport experience as pleasurable as possible. At London Heathrow, a 32-cabin YOTEL will open within Terminal 4 in December 2007. Other international locations, in addition to this first air-side location at Amsterdam Airport Schiphol, are already under negotiation and will be announced in due course.”

Al Bahar concluded: “YOTEL represents our commitment to partnering with innovative industry leaders, and typifies the diverse portfolio of products in our expansion plans. We’ve already witnessed great success at our Gatwick site and we feel very strongly that the growth potential of this concept continues to be strong.”

Rania Deimezi - Wednesday, November 28, 2007
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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