Reinvention of Hostels and 6 Other Hospitality Trends This Week

>>Money is flowing into the hostels market and established hotel companies want a piece. Will this new corporatization cost hostels the soul of their original mission? The Big-Money Reinvention of the Humble Hostel: A Skift Deep Dive

>>We know what you’re all thinking: Can Onefinestay be saved? Was AccorHotels’ decision to buy a private rental business the right move? Or should it have partnered with one instead? Onefinestay CEO Departs to Lead Serviced Apartment Brand Sweet Inn

>>If Airbnb is indeed seeing a slowdown of its business in more mature markets like Europe and the U.S., that’s all the more reason for the company to double down on its efforts in emerging markets like China, and to work on adding more professional inventory, ahem, hotels: Airbnb’s Growth Is Slowing Amid Increasing Competition From Booking and Expedia: Report

>>Vacasa’s interest in partnering with property developers to put more short-term rentals in multi-family communities is part of a broader trend toward greater professionalization of the market. But not all of the players entering the market may avoid being bruised in an eventual economic recession: Vacasa Targets Urban Rental Market by Helping Developers Fill Vacant Units

>>The acquisition of Destinations of the World seals WebBeds as the second largest B2B bedbank player, but incumbent Hotelbeds need not worry — for a very long time: WebBeds on Shopping Spree for Bedbanks: Should Hotelbeds Be Worried?

>>While clearly not a game-changer in the same way Tourico Holidays or GTA was, the deal does expand Hotelbeds’ ancillary portfolio, giving it greater reach in what is a growing market: Hotelbeds to Buy HolidayTaxis to Expand Transport Offering

>>Wellness hospitality brands known for their idyllic locations are heading to New York City. Will the temptation of taking a bite out of the Big Apple prove a brand benefit or drawback? How Wellness Hospitality Brands Can Succeed Amid Big-City Chaos