Hostelworld CEO Gary Morrison is ringing in the evolution of the hostel dweller. More solo travelers look for friends with chat tools, and bunking up can bring carbon emissions down.
Selina grew up in a time when private market investors were willing to fund millions in early losses. Money papered over missteps. But managers now face an era that requires strict management discipline. Can it adapt?
So, it's not being marketed as a "hostel on steroids," as Hilton CEO Chris Nassetta once described it, but Motto by Hilton is more or less a lot of what we've seen before, albeit with a few twists.
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.
Social travel is a trend on the rise and hostels are at the helm of the movement. Today that tribe is growing with reports showing that 35% of millennials are choosing a hostel based on the opportunity to meet other travelers.
CityHub is taking the best of capsule hotels and combining this with learnings that smart hostel companies like Generator have gleaned over the past two years.