New YOTEL site to open in Lisbon business hub

by | 21 May 2022 | Hotel Projects, Projects

A new property under the YOTEL hospitality brand is set to open in the forthcoming Lisbon World Trade Center.

On opening, the hotel will represent the brand’s focus on offering a different hotel experience through smart design and the creative use of technology.

A future business hub

YOTEL Lisbon WTC is expected to open in 2024 as a part of the World Trade Center developed by Foz Vintage Group to be Portugal’s most innovative business park.

This location places the forthcoming hotel just minutes away from the city centre of Lisbon, a short drive from the beaches of Cascais and adjacent to the region’s largest green space, Monsanto.

A part of the WTC network, the campus it’s a part of will encompass office, retail and recreational facilities designed to promote physical and emotional well-being with flexible, adaptable and evolving spaces that encourage collaboration, networking and productivity.

“Lisbon has always been a priority for YOTEL’s expansion, particularly following the opening of YOTEL Porto last year,” said Rohan Thakkar, chief development officer, YOTEL.

“We are delighted to have signed a long-term management agreement with Foz Vintage, a group that defines its projects on innovation, the environment, and its people, the same values which we embrace at YOTEL.”

“YOTEL Lisbon WTC will further our expansion strategy across Southern Europe, both within Portugal and nearby markets such as Spain and France.”

Designed for business travellers

On completion, the hotel will comprise shared spaces including a restaurant, event space, panoramic rooftop bar, a Grab+Go offering, co-working areas and a 24/7 fitness centre.

The hotel will cater for people visiting the World Trade Centre and nine other business parks located within the vicinity.

Vasco Fonseca, COO of the FVC Group, commented: “YOTEL offers a concept perfectly aligned with our vision at WTC Lisbon, which gives priority, above all, to innovation and technology, sustainability and people’s well-being.”

“YOTEL’s spaces are designed to create a unique experience for each stay, able to engage and connect guests. Its auditorium will also serve as a stage for major events, in particular, to receive the schedule that we foresee for the WTC Business Club, which aims to be a space of choice for business networking and for the discussion of strategic themes for companies and projects, nationally and internationally.”

YOTEL Lisbon WTC is the first of two YOTEL properties set to be a part of the international WTC ecosystem, with the second to be announced later this year.

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Inspired by the luxury of first-class travel and uncompromisingly designed around guests, Yotel takes the essential elements of luxury hotels into smaller, smart spaces and delivers a sense of community.

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