Really, all I need is a pod hotel
In a city where space is a major commodity, renting shoebox sized spaces at a premium is a brilliant way to make a huge return on investment while offering budget-conscious travelers affordable, but clean and safe lodging alternatives. While pod hotels are something I've been talking about for a while in Hong Kong (I'm sure I'm not the only one either), someone is finally taking steps towards building one. Now it's just a matter of time before he finds investors to get his "galaxy" going. Benefits of a pod hotel for guests
- Why pay USD 30 or for a deep, dark and shady hotel, when you can pay USD 15 for a nice clean capsule hotel?
- You probably don't spend much time in your hotel anyhow.
- They almost always offer free WiFi! What more do you need?
- Chung King Mansion's great for the adventure traveler (I stayed there my first time to Hong Kong 12 years ago), but it certainly isn't for the faint hearted.
Benefits of a pod hotel for the developer
Really, it's about dollars per square foot & heads in beds
- Maximize room count - instead of one 30 square meter room, squeeze in 14 1.6 square meter pods (2 rows and 2 layers of 1.8m x 0.9m) capsules with a 1m aisle.
- Maximize revenue - get double or triple the revenue per square meter as you would for a regular room.
- $$$ - With low development costs associated with building conversions, few amenities, low staffing requirements, and limited utility cost, your ROI is worth the double take.
It's a no brainer. But looking at this guy's site, I guess there are still a million opportunities to do it better! www.galaxystarshk.com
How to do it better?