Two blocks from Times Square, Yotel aims for a classy experience at a budget price. The prefabricated modular rooms are super small at 170 to 1,000 square feet but come equipped with high-end electronics and monsoon showers. Communal space on the fourth floor includes New York’s biggest outdoor terrace, multiple bars, a restaurant and a gym. Using the same prefab model, Yotel also opened two spots in London and one in Amsterdam. (Image: Yotel)