Hostelling International

Global Hostel Market Report: A $6.04 Billion Industry in 2023 - 2022-2027 Insights and Forecasts with Potential Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on:

Tuesday, November 21, 2023

The "Global Hostel Market (by Booking Channel, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global Hostel Market (by Booking Channel, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The global hostel market is predicted to record a value of US$6.04 billion in 2023, growing at a CAGR of 10.15%, during the forecast period.
The United Kingdom's hostel market is poised for significant growth, with hybrid hostels emerging as a prominent trend in the industry.
Global Hostel Market by Value: An Overview
Global Hostel Market by Booking Channel (Online Travel Agencies (OTAs), Hostel Websites, Offline Direct and Offline Intermediaries)
Global Hostel Market by Region (Western Europe, Asia, Latin America, North America, Australia and New Zealand and Rest of the World)
Global Hostel Market by Volume: An Overview
Global Hostel Market by Booking Channel: An Overview

Hilla Villas: A Gateway to Unparalleled Luxury in Finnish Lapland

Retrieved on:

Thursday, November 30, 2023

Snow, Nordic Light Open, Hostelling International, Travel, Hotel, Kilpisjärvi

As demand for unique and immersive travel experiences continues to soar, Hilla Villas emerges as the perfect answer for discerning travellers seeking unparalleled luxury amidst the breathtaking landscapes of Finnish Lapland.

Key Points:

As demand for unique and immersive travel experiences continues to soar, Hilla Villas emerges as the perfect answer for discerning travellers seeking unparalleled luxury amidst the breathtaking landscapes of Finnish Lapland.
The platform covers all key fell destinations in the vast Lapland region, including Levi, Pyha, Yllas, Ruka, Saariselka, and Kilpisjarvi.
The founders of Hilla Villas are not just entrepreneurs; they are villa owners and local experience service providers deeply connected to Lapland.
The name 'Hilla Villas' draws inspiration from the Finnish word "Hilla," signifying the highly valued and precious arctic cloudberry, used to produce local delicacies.

Hostels Global Market Report 2023

Retrieved on:

Monday, February 20, 2023

The global hostels market will grow from $6.04 billion in 2022 to $6.35 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%.

Key Points:

The global hostels market will grow from $6.04 billion in 2022 to $6.35 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%.
The regions covered in the hostels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the hostels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The hostel market research report is one of a series of new reports that provides hostel market statistics, including global market size, regional shares, competitors with a hostel market share, detailed hostel market segments, market trends and opportunities, and any further data you may need to thrive in the hostel industry.

Global Hostel Market Report 2022: Greater Spending by Millennials & Escalating Popularity of Solo Travel Fueling Growth - ResearchAndMarkets.com

Retrieved on:

Friday, August 12, 2022

Lodging, Travel, Online, City, Travel, Population, Growth, OTA, Channel, Hostelling International, COVID-19, CAGR, Tourism, Social media

In 2021, the global hostel market, was valued at US$4.98 billion, and is probable to reach US$8.89 billion by 2027.

Key Points:

In 2021, the global hostel market, was valued at US$4.98 billion, and is probable to reach US$8.89 billion by 2027.
The global hostel market volume has reached 23.44 thousand in 2021, and is projected to augment to 37.51 thousand in 2027.
By Booking Channel: The report splits the global hostel market into four different booking channel: Online Travel Agencies (OTAs), Hostel Websites, Offline Direct and Offline Intermediaries.
Rising millennial population acted as crucial growth driver for the OTA hostel market owing to their tech savvy nature.

HI USA Announces Phased Reopening Of Hostels

Retrieved on:

Wednesday, May 12, 2021

Backpacking, Travel, Tourism, Adventure travel, San Francisco Bay Area, National Register of Historic Places in San Mateo County, California, Hostelling International USA, Hostelling International, Pigeon Point Lighthouse, Hostel, Point Montara Light, Hi

b'NEW YORK, May 12, 2021 /PRNewswire/ --Hostelling International USA ( HI USA ), the nation\'s largest hostel network, will begin a phased reopening of its hostels beginning with the reopening of HI Chicago Hostel and HI Santa Monica Hostel on May 19.

Key Points:

b'NEW YORK, May 12, 2021 /PRNewswire/ --Hostelling International USA ( HI USA ), the nation\'s largest hostel network, will begin a phased reopening of its hostels beginning with the reopening of HI Chicago Hostel and HI Santa Monica Hostel on May 19.
These hostels join the already reopened HI NYC and HI Boston as well as their CA Bay area properties which are currently operating as vacation rentals.
HI USA closed all of its hostels last April due to COVID-19 restrictions.\nFollowing the Chicago and Santa Monica reopenings will be HI San Francisco Downtown and HI San Diego Downtown hostels on May 26, HI Truro and HI Martha\'s Vineyard hostels in June and HI NOLA over Labor Day weekend.The remaining HI USA hostels will reopen in the fall.\nIn September 2020, HI USA reopened its flagship New York hostel as well as its historic Boston property.
HI USA has also adapted various hostel properties to best meet the needs of travelers.\nIn September 2020, HI USA also announced a temporary conversion of three of its CA Bay-area properties HI Point Montara Lighthouse Hostel , HI Pigeon Point Lighthouse Hostel and HI POINT REYES HOSTEL into vacation rentals.The company also converted HI Sacramento into a group rental and event venue space.The vacation rentals are ideal for groups or families.

HI USA To Reopen Select Hostels

Retrieved on:

Tuesday, September 1, 2020

Travel, Backpacking, San Francisco Bay Area, National Register of Historic Places in San Mateo County, California, California, Adventure travel, Pigeon Point Lighthouse, Point Montara Light, Hostelling International, Hi, Hostel, Hostelling International USA

In a first for HI USA, the coastal HI Point Montara Lighthouse, HI Pigeon Point Lighthouse and HI Point Reyes hostels will reopen as vacation rentals, so a group or family can rent private units on the properties, two of which are in restored lighthouses.

Key Points:

In a first for HI USA, the coastal HI Point Montara Lighthouse, HI Pigeon Point Lighthouse and HI Point Reyes hostels will reopen as vacation rentals, so a group or family can rent private units on the properties, two of which are in restored lighthouses.
"We are excited to begin welcoming guests again to several of our hostels," said Russ Hedge, CEO of HI USA.
After an extensive review, HI USA determined that several were no longer feasible to continue operating and made the difficult decision to close select properties including HI Austin Hostel (in TX); HI Eastham Hostel (in Cape Cod, MA); HI Houston Hostel (in TX); HI LA South Bay Hostel (in CA); HI Madison Hostel (in WI); HI Monterey Hostel (in CA); HI Nantucket Hostel (in MA); and HI Portland Hawthorne Hostel (in OR).
HI USA is part of Hostelling International (HI), a collection of hostels in nearly 90 countries, whose roots stretch back to the beginning of the hostelling movement more than 100 years ago.