Abu Dhabi National Hotels (ADNH), has signed a memorandum of understanding with Yotel Investments (YIF), to bring Yotel's revolutionary hotel concept to the UAE capital.

The MoU was signed at the ongoing World Travel Market (WTM) in London which will run till November 13.

According to the agreement, ADNH will be the exclusive developer of two or more Yotels in Abu Dhabi while YIF will handle all operational and management aspects of the new hotels.

“This unique concept of creating cabins that provide a flexible and convenient first class hotel experience at an affordable price  pioneered by Yotel is catching on rapidly and will ideally suit the needs of those who are in transit at the Abu Dhabi International Airport or those on short business trips to Abu Dhabi,” said Saif Mohamed Al Hajeri, ADNH chairman.

“We are very pleased to partner with ADNH, the region’s leading hotel company, for our first venture to the Middle East,” said Gerard Greene, Yotel CEO.

“Abu Dhabi is fast emerging as the MICE (meetings, incentives, conventions and exhibitions) and business hub in the region. We expect that this new concept will meet the needs for more accommodation during big events in the Abu Dhabi emirate and will provide a practical solution at affordable rates,” stated Richard Riley, CEO of ADNH.

“Besides the Yotel at the Airport, the Yotel at the Abu Dhabi City Centre will cater to the hotel requirements of participants, delegates and visitors to exhibitions and conferences being held at the nearby Abu Dhabi National Exhibition Centre,” Riley added.
 
“Our goal is to see a Yotel in the majority of international cities and airports around the world. The Yotel concept is ideal for Abu Dhabi as business tourism is growing at such a rapid pace in the emirate,” said Ibrahim Saleh Al-Therban, chairman of IFA Hotels & Resorts, the majority shareholder of Yotel.

Yotel is currently located at London’s Heathrow and Gatwick airports and very recently opened at Amsterdam Airport Schiphol.-TradeArabia News Service