U.K.-based hotel chain YOTEL will be operating the 343-room Liaison Capitol Hill in Washington, D.C. following the property’s “full transformation and rebranding”.
Located near the U.S. Capitol building, the hotel will get new multi-functional public areas, including co-working and private meeting spaces, according to Yotel. At the moment, the hotel has a rooftop pool, a 24-hour gym and an American South-style restaurant Art and Soul, which will be kept unchanged.
“Our rapid global expansion is very exciting and further asserts our prominence in the U.S. and on the world stage,” said Hubert Viriot, CEO of YOTEL.
We’re excited to announce that @LiaisonCapHill is now under our management as an affiliate hotel – we can’t wait to fully transform it into a sleek YOTEL. Click here for more details – https://t.co/wPh7gX3Y1W pic.twitter.com/gzaF8qwfmG
— YOTEL (@YotelHQ) February 26, 2019
YOTEL runs hotels in the key feeder markets to Washington, including Boston, New York, San Francisco, and Europe.
“Expanding our portfolio of hotels in the U.S. also allows for better economies of scale by running operations more efficiently and maximizing cross-selling opportunities between all our properties,” added Viriot.
Real estate investors Metrovest Equities and BLDG Management acquired the property. “As a forward thinking and fresh brand, we are confident that YOTEL is the ideal partner for the repositioning of the Liaison Washington Capitol Hill and are committed to a long-term investment in the nation’s capital,” said Brandon Tarpey, Managing Director at Metrovest Equities.
YOTEL launched as a budget airport capsule hotel in 2007 and now brands itself as “affordable luxury” with three brands, including YOTELAIR located at airports and transport hubs, and long-stay concept YOTELPAD. The company also has five U.S. city center hotels and others currently in development.