The Pod Hotels Set to Become a Force in the Capsule Hotel Market
By Rani Gharbie Head of Acquisitions & Development, The Pod Hotels | June 30, 2019
The Pod Hotels, the highly profitable micro-hotel concept from BD Hotels, plans to expand from five to fifty properties as part of an aggressive expansion plan over the next decade. The brand, which currently has a total of 1,660 Pod rooms and 45 Pod Pads apartments in its portfolio of five properties, three of which opened over the past two years, recently announced plans to develop two more hotels, one in Philadelphia opening in Fall 2019 and one in Los Angeles slated for 2020.
As the brand's new Head of Acquisitions & Development, I've been tasked with overseeing this robust expansion plan, identifying potential investment opportunities and finding strategic development partners and investors to fund future Pod Hotels in numerous markets across North America and, ultimately, internationally.
About The Pod Hotels
Hoteliers Richard Born and Ira Drukier, co-owners of BD Hotels, were the first to introduce this successful micro-hotel concept to New York City in 2007. The overall concept is to accommodate the needs of today's savvy, "young-minded" travelers by offering well appointed, efficient accommodations ranging from 110 to 150 square feet, unique communal social spaces, and interesting food and beverage offerings.
In a world where people look to define themselves by their environments, they want unique, authentic experiences, so each location is meant to encourage guests to explore the respective city and surrounding neighborhood. The Pod Hotels caters to this traveler by offering a high-quality, experiential stay close to the action of the city, and at an affordable rate.
As the pioneer of the micro-hotel concept, we launched in 2007 with Pod 51 in Midtown East, Manhattan and instantly became a success. The innovative idea of offering clean, smart, affordable accommodations and encouraging guests to immerse themselves in the surrounding neighborhood appealed to travelers looking for a budget-friendly option in New York City.