Articles tagged “hostels”

Daily Lodging Report

A&O to Invest €500 Million in Hostels

Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers.

Short-Term Rentals

Hostelworld Launches Framework For Sustainability Certification For Its Hostels

The company claims this is a one-of-a-kind certification program for hostels.

Hostelworld Launches Framework For Sustainability Certification For Its Hostels

Tourism

How Travel Can Fix the World’s Loneliness Crisis

Amid the loneliness crisis, people are looking to the travel industry to help them meet new people and build lasting connections.

How Travel Can Fix the World’s Loneliness Crisis

Short-Term Rentals

Our Next Brand Will Focus On Loneliness: Hostelworld CEO

Hostels satisfy a basic human need: social connections. And Hostelworld CEO Gary Morrison wants to act on it.

Our Next Brand Will Focus On Loneliness: Hostelworld CEO

News Blog

Generator Hostels’ Forecasts 50% Jump in Earnings as Budget Travelers Seek Deals

Generator Group, which owns or runs 21 hotels, gave a financial update on Monday that underscored the post-pandemic boom in travel. London-based Generator Group forecasted that it's on track to produce revenues of about $238 million (€225 million) this year — which would represent a 25% jump over the company's revenue in the pre-pandemic year…

Hotels

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Travel Technology

Skift India Report: Ixigo Launches ChatGPT-Powered Travel Itinerary Tool 

While this is just the beginning, can we trust an AI chatbot with all our travel plans just yet? Well, humans are the best guides for now.

Skift India Report: Ixigo Launches ChatGPT-Powered Travel Itinerary Tool 

Hotels

The Wyndham-Choice Merger Skeptics

Today's edition of Skift's daily podcast looks closer at a Choice and Wyndham combo, a good 'dirty' hostel company, and Memorial Day travel in the U.S.

The Wyndham-Choice Merger Skeptics

Short-Term Rentals

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

a&o is part of the hospitality industry that honors refuse, repurpose, reduce as the new slogan in achieving its net-zero goal. And giving new life to old buildings on the way.

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

Hotels

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut

Shaky financial markets didn't deter Selina from debuting as a publicly traded company, taking advantage of a post-pandemic surge in youth travel. Critics pointed to its lack of profits. But fans praised the hotel brand's relentless experimentation in a sector that's often too cautious.

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut