When you think about Manhattan hotel rooms, the words 'extravagant' and 'large' may come to mind, but when it comes to companies like Yotel, Pod Hotel and CitizenM Hotels, you would be mistaken. These companies are creating micro hotels in Manhattan to maximize space usage cutting down the average hotel room in the city at 250 square feet to around 175 square feet or less; talk about a cut in square footage and a jump in space utility. But don’t let the small square footage fool you; this is still a fully functional hotel room with bath and media entertainment. The concept is also centered on making the lobby a centerpiece for social interaction and hanging out, since the rooms don’t allow for a great number of people. The companies who are developing these micro hotels plan to expand to other major cities such as Miami, San Francisco, Austin and Chicago.