Hostels - the new destination for business travelers?

Hostels, Poshtels, Flashpackers or Lifestyle Hotel?

Hostelworld, the world’s largest hostel booking engine, reports that 9.3 percent of hostels bookings are made by travellers age 41 and up, with 20 percent are between 31 and 40 years old.

Paul Halpenny, Group Director of Supply at Hostelworld remarks:

“The industry has changed hugely in the six years I’ve been here. I wouldn’t have touched the hostel business in my earlier years, but it’s a high-end product now”

The line between a hotel and a hostel blurs on a daily basis. Hostel groups around the world are seeing a change in their guests. According to this article published on Bloomberg, hostels are now seeing the value of marketing to the business minded traveler.

Generator CEO Frederik Korallus explains:

“We’re not just seeing the low end of millennials at our hostels, but also Gen Z, families with several kids, creative professionals—design, fashion, IT, software-development folks—and even empty nesters”

The team from GuestCentrix have seen how the hostel industry is changing rapidly. More and more hostels are competing with the budget hotel sector, with luxury private rooms with ensuite facilities. St Christopher’s Gare Du Nord in Paris, Rambutan Townsville in Australia, Lub D Patong – all now offer a boutique stay for the weary traveler. These hostels are leading the industry, with boutique style accommodation combined with low pricing, and often found in attractive converted buildings. GuestCentrix Hostel.Web  is perfectly suited to these style operations with a combination of beds, dorms and private rooms for sale.

Source: Bloomberg

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