Yotel, a new name in the hotel game, is trying to create a new niche. Yotel will be opening two budget hotels at Heathrow and Gatwick International airports outside of London. The  Yotel will feature capsule rooms for 70  US Dollars a night.

A capsule room is a small room that has a fold out couch that converts to a double bed  The room also has a pull down desk, closet space, adjustable mood lighting, a shower, wireless Internet, an iPod connection and a flat-screen TV.

If this concept is successful, you will see 15 of them around London.

When I am traveling for business, the last thing I need or want is a fancy room or an expansive suite. I am an entrepreneur, and travel expenses come directly out of my pocket. So the concept of the capsule hotel fits every need I have and saves money at the same time.

What a great concept!

via CNN and Yotel