Articles tagged “hostels”

It's a hostel takeover. Several leading institutional names have invested in European hostel brands in the past 30 months, essentially underwriting the bunk bed.

Room00’s new expansion plan sees its asset selection process adapt to each market. The company is not chasing a fixed hostel-hotel mix, but matching each property to the format that fits best.

Zo World is choosing to grow before it hops on the IPO bandwagon. Experiential partnerships and global expansion are all on the cards as it looks to outgrow the backpacking hostel chain tag.

With new funding secured, Room00 plans to expand quickly, but it says it won't forget its niche.

Generator's blend of hostel affordability and hotel-style design reflects where younger traveler demand is heading and Brookfield wants in.

For Indians, it is no longer about just ticking off a popular destination. Travel is more about experiencing a destination, whether it's within the country or beyond.

GoStops' successful Series A funding is an indicator of investor confidence in the growing popularity of alternative accommodations. As young Indians with focus on budget and unique experiences take over the travel scene in the country, GoStops has the potential to gain, provided it can keep up with rising competition.

While luxury hotels in India are catering to increasing number of Indian travelers, the surge in demand for hostels indicates growth in all areas of travel.

A fire sale gives a new lease on life to Selina, a brand that reinvented hostels for the TikTok generation but struggled after a debt binge.

Selina billed itself as a pioneer in the "digital nomad" hospitality sector. But it can no longer avoid insolvency. Its woes can be partly traced back to its ill-fated SPAC merger in October 2022.