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Posted: 12 May 2012 | 6:00 am

Word comes on the news buzz that upscale budget chain Yotel are serious about expanding into Asia.

After a start up with airport properties in the UK and Amsterdam, next came a flagship property in New York City.

Comments on development plans in Asia have sidelined China in a surprise move and are focused more to gateway cities such as Singapore and Hong Kong.

Yotel remains positioned as a premium budget offering and their business model needs uplift in order to execute what has become an acclaimed design and operating standard.

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