UK-based Yotel is planning to open its new hotel in Clerkenwell, central London by late next year.

Once completed, the 212-cabin hotel, developed by Medina Investments, will be Yotel’s third property in the UK.

The hotel, which is currently under construction, will feature adjustable SmartBed, monsoon rain shower, techno-wall features, which include mood lighting and entertainment options, with smart TVs.

In addition, the hotel will include other facilities such as a gym, bar, an independently operated dining outlet and Yotel’s Club Lounge concept, which will offer flexible meeting and co-working spaces, and free WiFi connectivity.

Yotel CEO Hubert Viriot said: “We are more than ready to bring the YOTEL city-centre concept home.

“Since the opening of our flagship in New York, we have been looking for the right opportunity and we finally found it in Clerkenwell.

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“The mixed-use project, developed by Medina Investments, complements the YOTEL brand perfectly. It’s dynamic, creative and forward-thinking and backed by a developer with acumen and vision.”

Furthermore, Yotel’s Clerkenwell hotel is funded with capital from ICG-Longbow, which specialises in real estate loans across the UK, and is situated minutes away from Farringdon Station and other major attractions of the city.

Currently, Yotel operates four airport hotels under the YOTELAIR brand in Gatwick and Heathrow airports in the UK; Amsterdam Schiphol airport in the Netherlands; and Charles de Gaulle airport in Paris, France.

The company also operates one city hotel in Manhattan, New York, the US.