Yotel, the British chain of airport and city hotels known for small, affordable rooms decked out with high-tech, luxury features, is getting into the condo-hotel business — and launching one of its new hybrids in Miami.
YotelPad, a joint venture between Aria Development Group and the Kuwait-based AQARAT real estate company, will be a 30-story tower located at 227 NE Second St. offering 250 Yotel-branded hotel rooms (or “cabins,” as the company calls them) and 208 condos ranging in size from 425 square-foot studios to 700 square-foot, two bedroom units.