Hotdesk taps into Spain with YADO acquisition
Dubai based, Hotdesk, the on-demand workspace booking platform, has announced its expansion into Europe, with the acquisition of Spanish-based co-working app, YADO. The acquisition of YADO will enable Hotdesk to further increase its footprint in key markets across the globe, and double down on its core proposition of providing hyper-local experiences for its users.
YADO has been operating since 2019, and charts over 100 co-working spaces across major cities in Spain, including Barcelona, Madrid, Valencia, Sevilla, Granada, Málaga and Bilbao. With the rise of ‘the digital nomad’, the team experienced the ‘lightbulb’ moment of creating an app that would help people to work whilst they’re on the move, especially in markets like Europe, which has a burgeoning start-up scene, with the Spanish Start-up Ecosystem ranked number 16 globally when it comes to innovation according to Startup Blink.
Hotdesk will infuse YADO’s hyper-local approach to be able to offer increased opportunities for those looking to work in a co-working environment around Spain and other Spanish-speaking markets, with users and local companies alike being able to log into the on-demand service for booking desks, meeting rooms and offices by the hour, day, month or year. YADO co-founders, Cristina Santa and Anna Albareda, will join the Hotdesk team.
Mohamed Khaled, the Co-Founder and CEO of Hotdesk, said, “With Dubai as our home-base, Hotdesk was always designed to become a global player. The coworking scene and hybrid work adoption in Spain is strong, with a range of young professionals ranging from freelancers to creatives; SMEs to flexible enterprise. We are super happy to be working with Anna and Cris, and we welcome them into the team through the acquisition. Together, our core focus will be to look at the growth potential of both Spain and other Spanish speaking markets as we grow across the globe.”
The first in a series of major announcements set for 2023, Hotdesk looks to build its presence from the East into the West, and cement its focus as the number one in market when it comes to promoting the ‘new work order’. Starting with 15 bookings in its first month, Hotdesk’s growth story has gone from strength to strength, with the business growing to take over 10,000+ monthly bookings in a year since inception.