Carolin Paarmann has been appointed as the General Manager of a&o Hostels' first London property, a&o London Docklands Riverside, which opened in late November. Paarmann, who brings extensive international hospitality experience, expects the hostel to achieve an average occupancy rate of 65% in the first half of 2026. The property, located in a 17th-century dockside building in Southwark, features a riverside bar, underground parking, and London's first electric ferry service to Canary Wharf.
The hostel chain, Europe's largest and fastest-growing, is investing approximately $21 million (€20 million) in a phased modernisation programme for the property, which will remain operational during renovations. CEO Oliver Winter highlighted the significance of entering the London market, stating, "London is another major milestone in the history of a&o." Paarmann, who has been based in London since 2015, noted, "London is a magnet for visitors, from independent travellers to groups such as school and language students."
The a&o London Docklands Riverside aims to attract around 180,000 overnight stays in 2026. The property offers unique features for a budget accommodation, including a complimentary 'a&o river taxi' and proximity to major attractions like Buckingham Palace and Big Ben. The hostel's strategic location and amenities are expected to enhance its appeal to a diverse range of guests
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