Hong Kong to embrace capsule hotels

Hong Kong is getting on board with Japan's capsule hotels, according to msnbc. The article is reporting that capsule hotels may be the next big thing for the economy traveler.

"Hoping to capitalize on what seems like an ideal conundrum - a dense metropolis where both occupancy rates and per-night prices are high and centrally located land to develop new hotels is scarce -  Galaxy Stars Limited, a local company, has started offering pod-beds for sale," the article reports.

Eric Wong of Galaxy Stars says that hoteliers can customize the pods and he'll rent them out to franchisees for $250 per month, expecting them to make a return of $1,300.

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