Generator Hostels Secures $75 Million to Fuel Global Growth


Skift Take

Generator is the leader of the design-savvy hostel market, an asset class that's become increasingly popular with sophisticated young travelers and money-conscious adults.

The brand leading the hip hostel market, Generator Hostels, today announced the acquisition of €60 million, approximately $75 million, of growth capital investment. Generator’s owner Patron Capital Partners sold an estimated 23-percent minority stake of the company to gl