Lookotel rooms are designed to be self-sufficient, and will include a sofa bed, TV, desk and chair, phone, WiFi access, AC, and a bathroom. They'll only be around 100 square feet, which may make some folks claustrophobic--but the size will also make a stay in one cheaper.
Check-in will be automated, and there will be vending machines in the hotels for food and beverages.
Not surprisingly, the Lookotel team is eyeing airports, harbors and railway stations as prime locations for their concept. They also think it will work well in industrial areas, business districts, near sports grounds and along highways.
According to this story, Lookotel has initial financing of 60 million euros and hopes to build 10 of its hotels in Spain before expanding around the world.