Articles tagged “hostels”

Hostelworld Seeks to Better Define a Community Amidst Declining Revenue

Hostelworld Seeks to Better Define a Community Amidst Declining Revenue

Patrick Whyte, Skift

The experiential side of hostel travel is one of the main reasons people use them, so Hostelworld’s new strategy makes sense.

2 months ago

Generator Hostels Sold to Another Private Equity Firm for $480 Million

Generator Hostels Sold to Another Private Equity Firm for $480 Million

Patrick Whyte, Skift

While the sale from one private equity firm to another isn’t necessarily the most exciting news, the promise of further funds for expansion by the new owner shows a commitment to the budget model. The hostel landscape is very different than it was 10 years ago and by focusing on design, Generator managed to evolve the product.

3 months ago

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The Boom of Social Travel and New York’s Lost Opportunity

The Boom of Social Travel and New York’s Lost Opportunity

Hostelworld + Skift

Across the United States, hostel markets are growing. With new locations popping up in major cities like Miami and Chicago, it’s time to take a look at what’s holding New York City back.

3 months ago

Video: Generator Hostels CEO on Reinventing the Budget Guest Experience

Video: Generator Hostels CEO on Reinventing the Budget Guest Experience

Deanna Ting, Skift

Forget what you think you thought you knew about hostels. Today's hostels are still budget-friendly, but also incredibly design-forward and sophisticated.

7 months ago

5 Ways Hostels Are Trying to Move Beyond the Backpacker

5 Ways Hostels Are Trying to Move Beyond the Backpacker

Sarah Enelow, Skift

Hostels are no longer the dirty, questionable haunt of teenage backpackers. They've grown up quite a bit, along with their demographic.

8 months ago

Skift Podcast: How Hostels Are Trying to Move Beyond the Backpacker

Skift Podcast: How Hostels Are Trying to Move Beyond the Backpacker

Hannah Sampson, Skift

As hostels become more focused on design, events, and dining, we're not surprised that a new crowd of travelers are discovering the option.

8 months ago

Hostelworld Group Continues Shift From Multi to Single Brand

Hostelworld Group Continues Shift From Multi to Single Brand

Patrick Whyte, Skift

Increasing higher-margin bookings and focusing on growing your strongest brand seems a sensible approach when you are competing in a crowded market.

9 months ago

Upscale Hostels Look Beyond Millennials to Business Travelers

Upscale Hostels Look Beyond Millennials to Business Travelers

Nikki Ekstein , Bloomberg

There's a certain convergence under way between hostels and hotels as both often seek to attract Millennials as well as business travelers. Business travelers often see hostels as an optimum choice when hotels are booked up but many road warriors express satisfaction with the experience.

9 months ago

CEO Interview: Mobile Booking, Digital Marketing and the New Way to Sell Hostels

CEO Interview: Mobile Booking, Digital Marketing and the New Way to Sell Hostels

Dennis Schaal, Skift

Like many successful companies, Hostelworld resolves to win by maintaining its focus on what it does best: Selling hostels. Its big challenge is to generate more awareness about the modern and socially oriented hostel while larger players like Airbnb and Booking.com suck the air out of Google.

11 months ago

Hospitality Innovations in the Space Between Boutique Hotel and Airbnb

Hospitality Innovations in the Space Between Boutique Hotel and Airbnb

Colin Nagy, Skift

Modern consumers will naturally move towards the ideas that best fit with the way they travel now. Hospitality brands that can keep up will reap rewards.

11 months ago

Oral History of Online Travel: How Hostelworld Backpacked Its Way to Success

Oral History of Online Travel: How Hostelworld Backpacked Its Way to Success

Dennis Schaal, Skift

Hostelworld needed to automate the online booking of hostels because there just wasn't enough money in it if employees or call center agents had to handle bookings over the phone. The company gave away free software to attract owners and then came up with a business model that was midway between Expedia's prepay model and Booking.com's pay at the hotel formula.

12 months ago

U.S. Hostels See Sharing Economy Popularity as Their Window of Opportunity

U.S. Hostels See Sharing Economy Popularity as Their Window of Opportunity

Dan Peltier, Skift

Sure, budget travelers have Airbnb as a more affordable lodging option, but what about those who don't want to stay in someone's home? U.S. cities are largely missing out on those visitors who want something half way between a home-stay and hotel experience.

2 years ago