Articles tagged “hostels”

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.

Srividya Kalyanaraman | 1 month ago

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…

Sean O'Neill | 2 months ago

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.

Sean O'Neill | 3 months ago

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.

Amrita Ghosh | 5 months ago

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.

Rashaad Jorden | 6 months ago

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.

Srividya Kalyanaraman | 6 months ago

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.

Sean O'Neill | 1 year ago

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

News Blog

Hostelworld Projects Return to Profit After New Social Networking Feature Slashes Ad Spending

Online travel agent Hostelworld is predicting a return to profit by the end of this year, thanks in part to its app's new social networking feature, which it launched in April.  The company struggled through the pandemic, which shut down large parts of core market Asia, as backpackers avoided hostel dormitories. In 2021 it reported…

Matthew Parsons | 1 year ago

Hotels

Selina Pushes Into Music Festivals and Wellness Retreats

It's a tantalizing opportunity for Selina to start producing music festivals and wellness retreats at its hospitality venues through new brands. No lifestyle hotel group has cracked the festival space yet, and wellness has lots more room to run.

Sean O'Neill | 1 year ago

Selina Pushes Into Music Festivals and Wellness Retreats

Business Travel

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Startup Draper House, which is part of the billionaire investor's funding network, is the perfect embodiment of entrepreneurial tourism, a fast-growing sub sector that blends startup culture and venture capital with hospitality. Co-branding opportunities could help it expand rapidly.

Matthew Parsons | 1 year ago

Venture Capital Legend Tim Draper Looks to Franchise Hostels