The company, part of EVT, has kickstarted the global expansion of its innovative pod hotel concept and has chosen London as the potential location of its first European property.
Appointed as sole agent, P-Three, the retail, leisure and placemaking agency, is initially focused on potential sites in Southwark, although other central locations will be considered. LyLo is looking for buildings of 15,000 to 50,000sq ft to transform into a pod hotel, which could include office or retail conversion projects or appropriate basement space.
Launched in 2022, LyLo is part of EVT, a major Australian operator of cinemas, hotels, restaurants and an alpine resort, with over 80 hotels in Australia, New Zealand and Singapore. LyLo already has operational assets in Auckland, Queenstown and Christchurch, New Zealand and Brisbane, Australia, comprising 608 pods, 40 private rooms, 170 en-suite rooms and four F&B venues. Two further Australian properties in Gold Coast and Fremantle are in the pipeline.
Fun and communal, the LyLo concept is aimed at solo travellers, groups aged 18-35, digital nomads, sports groups and families, providing budget friendly hostel-style accommodation in a design-led and customer-centric setting with onsite co-working, social and wellness spaces. LyLo has a proven track record, with strong results across all properties, especially Auckland where the hotel is regularly the most booked property on Booking.com by room nights in the city (monthly).
Pod hotels typically provide a compact space that includes a bed, a secure space to store belongings and often shared amenities such as bathrooms, dining areas and entertainment spaces. LyLo elevates their offering with a focus on security and privacy, as well as modern amenities in their pods such as lights, fans and chargers.