Pop-up Hotel Company Snoozebox Seeking £30m Float On London Stock Exchange
Pop-up hotel company Snoozebox seeking £30m float on London Stock Exchange By
Published: 17:06 EDT, storage solutions rock hill sc (https://www.Kiva.org/lender/arlingtonvirginiastorage) 9 April 2012 | Updated: 14:50 EDT, 16 April 2012
A company making portable hotel rooms that pop up at outdoor events like Glastonbury is seeking a £30m float on the London Stock Exchange.
Snoozebox, which has fashioned its rooms out of shipping containers, created its temporary hotel concept as an alternative to camping at events.
A crate idea: Snoozebox fashions its hotel rooms out of shipping containers
Each stackable unit has double and single beds, air conditioning, a flat-screen TV and an en-suite wet room.
They are designed to be independent of all water, power and drainage facilities.
Boss Robert Breare, a veteran of the hospitality industry, hopes the float will ‘catapult Snoozebox into the marketplace for event accommodation'.