NEOM has revealed its next hotel as YOTEL, the airport sleeper brand turned city-centre fuss-free hotel room provider. The YOTEL will be located in the giga-site’s OXAGON project, envisioned as the business and logisitical hub of the super-city.
The 300-key hotel will open in 2025, which means, as current plans stand, it will be the first hotel to open at OXAGON. According to YOTEL’s development team, it costs around US$148,000 per key to build a Yotel. This would mean the OXAGON hotel would cost around US$44 million to build.
