Hostels Reimagined: Key Trends Shaping the Global Hostel Marketplace

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Hostels Reimagined: Key Trends Shaping the Global Hostel Marketplace

Published July 2016

Douglas Quinby

Douglas QuinbyVice President, Research

For travelers and industry insiders alike, the term “hostel” brings to mind cheap, dorm-style accommodations catering to budget-conscious backpackers. But no more. While low-cost remains central to their business, today’s hostels include a more diverse range of possibilities, like private rooms, hotel-like amenities and event en-suite bathrooms. Travelers are increasingly exploring new types of lodging options, and a re-envisioned hostel experience has potential appeal to a broader segment of explorers seeking something different.

 

On Thursday, June 30, 2016, industry experts explored the five trends that are driving transformation across the global hostel marketplace, including an in-depth discussion with three leaders in the hostel industry. This 35-minute presentation includes a Q&A segment.

 

 

 

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