London hostel performance update, October 2020
By Kelsey FenertyLondon may have been one of the last accommodations markets to lock down in Europe, but the duration and severity of the government mandate meant it has been one of the last hostel markets to show signs of recovery.Some hotels remained open, but most...
Hostel accommodation in 2021, according to buyers
Social distancing has been a difficult challenge for hostels. WYSE Travel Confederation estimated that social distancing has equated, on average, to a 52% reduction in capacity and a 66% drop in revenue for youth travel accommodation providers[1]. Furthermore, many...
Travel product development in the face of the pandemic
As of September, the expected change in demand for 2020 compared to 2019 seems to have levelled out at -70%. After a slight show of optimism (-62%) in June, there has been little change and the picture across world regions is similarly stable. With few...
HI USA to re-open select hostels
The United State’s largest hostel network opens its doors with reduced capacity, and has introduced a new “Let’s Stay Safe, Together” Health and Safety Program, and savings for guests. Hostelling International USA (HI USA), the nation’s...