Dec 9, 2019 | Accommodation, Members, News
News Manchester, United Kingdom — 22-25 September 2009 WYSE Archives Interpreting Performance across Different Time Aggregations WYSE Travel Confederation hosts global events for the youth travel industry. Click the logos below to learn more. By Kelsey Fenerty, STR...
Nov 7, 2019 | Accommodation, Members, News
News Have you signed up to one of our industry events yet? Click the logos to find out more. 7 November 2019 By Kelsey Fenerty LONDON – While market-level numbers are a good indicator of overall performance, individual property performance can vary widely depending on...
Sep 26, 2019 | Accommodation, Edinburgh, GenZ Travellers, Members, Millennial Travellers, News, Reports, Research, Youth Travel
News By Kelsey Fenerty, STREDINBURGH – For three weeks every August, performers and arts lovers descend on Edinburgh to take part in the open-access Edinburgh Festival Fringe. In 2019 the festival saw more than three million tickets sold, with approximately 70% of...
Sep 5, 2019 | Accommodation, GenZ Travellers, Members, Millennial Travellers, News, Reports, Research, Youth Travel
News By Kelsey Fenerty, STRLONDON—With the release of July 2019 performance data, London hosteliers may be in for a surprise. July, which historically is one of the highest-demand months each year, experienced losses in occupancy, average daily rate (ADR), and revenue...
Aug 27, 2019 | Accommodation, Members, News
News WYSE Archives JO&JOE moves in with IKEA at Vienna West station TWO INNOVATIVE CONCEPTS UNITED IN ONE PROJECT: ON THE TWO UPPER FLOORS OF THE PLANNED CITY IKEA, NEAR THE WESTBAHNHOF TRAIN STATION IN VIENNA, A JO&JOE OPEN HOUSE ARISES.PART OF THE ACCOR...
Aug 7, 2019 | Accommodation, GenZ Travellers, Members, Millennial Travellers, News, Reports, Research, Youth Travel
News By Kelsey FenertyGermany is the birthplace of hostels, so it should be no surprise that its capitol city, Berlin, is a haven for backpackers, with roughly 100 hostels and some of the best-known. Economy and midscale hotels provide competition, accounting for 44%...
Jul 11, 2019 | Accommodation, News, Reports, Research
News By Kelsey Fenerty, STRMIAMI – Despite the hostel industry’s ongoing evolution toward more stylish and sophisticated offerings that appeal to travelers of every ilk, the youth traveler – whether backpacker or gap year student – remains an important demand-driver...
Jun 12, 2019 | Accommodation, News, Reports, Research
News By Kelsey Fenerty, STR The UK experienced 2.1% inflation in April 2019, a mere tenth of a percentage point over target rate and just below the 2.2% inflation averaged over the past 12 months. As inflation rises, revenue must grow in line or in excess to maintain...
Jun 6, 2019 | Accommodation, Members, News
News BlackRock Real Assets has acquired a pan-European hostel portfolio as part of a 100 million euro joint-venture with Amistat International, a market-leading hostel operator. The off-market acquisition comprises a seed portfolio of Amsitat’s three assets,...
May 31, 2019 | Accommodation, Members, News
News Ireland’s leading hostel network and group travel organiser, Celtic Group Hostels (CGH), celebrated 25 years in business on 16 May 2019. Managing Director, Nicola Foley, says, “Our company started back in 1994 when the hostel industry was in its infancy....
May 8, 2019 | Accommodation, News, Reports, Research
News By: Kelsey Fenerty, STRFinding the precarious balance between driving occupancy and driving rate can be a hostelier’s white whale. Not infrequently, markets will drop rate to drive bed sales. Edinburgh has taken a different approach: the market has increased rate...
May 6, 2019 | Accommodation, GenZ Travellers, Members, Millennial Travellers, News, Youth Travel
News Yes, we’ve made it! After first launching in Hossegor in 2017, JO&JOE opened its doors on April 6, 2019 just a stone’s throw from the Cité Internationale Universitaire, in the south of Paris. Only 2 minutes from the RER B line, 20 minutes from the Arc de...
May 1, 2019 | Accommodation, Members, News, Student Accommodation
News Interview with Oliver Lewis – Owner CheapSleep HelsinkiTell us your story. How did CheapSleep Helsinki get started? I was attending the University of Helsinki studying Development Studies so starting a hostel seemed a logical career move! That’s the short...
Apr 11, 2019 | Accommodation, News, Reports, Research
News By: Kelsey Fenerty LONDON – The accommodations sector is highly seasonal, with school breaks, holidays and weather dictating youth and family travel. London’s hostel industry is no different. But viewing performance seasonally can reveal holistic trends in the...
Mar 11, 2019 | Accommodation, Members, News, NWW-News
By Kelsey Fenerty, STR AMSTERDAM – From a revenue perspective, one of the biggest differences in the hostel and comparable hotel operating models is the relative contribution of ancillary revenue sources (or “Other Revenue” in STR jargon) to total revenue. While...
Feb 22, 2019 | Accommodation, Members, News
News Youth Work Ireland, Ireland’s largest youth organisation, today announced that is has officially partnered with An Óige – Irish Youth Hostel Association, the largest association of youth hostels in Ireland. The partnership will see Youth Work Ireland and An Óige...
Feb 7, 2019 | Accommodation, Members, News, Reports
News WYSE Archives Mind the (rate) gap: ADR differences in London and Amsterdam By Kelsey Fenerty, STR Amsterdam and London both boast spectacular hostel occupancy rates, with both cities averaging more than eight out of 10 beds sold, on average, in 2018. The metric...
Feb 1, 2019 | Accommodation, Members, News, Reports
News Hostels in London and Amsterdam got the spotlight during a session dedicated to hostel performance metrics at this week’s STAY WYSE Hostel Business Conference, hosted by WYSE Travel Confederation in Amsterdam. “Fundamentals are strong going into 2019,” said...
Dec 20, 2018 | Accommodation, Members, News
News Interview with Cathriona Gibbons – Hostel Sales Manager Tell us your story. How did Wild Atlantic Hostel @ Delphi Resort get started? The first hostel here at Delphi resort was opened over 30 years ago along with the adventure centre to encourage the...
Dec 14, 2018 | Accommodation, Members, News, Reports
News WYSE teams up with STR to provide members with insights into city performance data on hostel occupancy and bed rates. In this monthly report STR’s data on Amsterdam hostels shows how city regulatory planning is having an effect on bed occupancy in the Dutch...
Dec 12, 2018 | Accommodation, Alpha Travellers, GenZ Travellers, Millennial Travellers, News, Student Accommodation, Youth Travel
News Europe’s largest hostel company a&o to open its first building in Hungary’s capital Budapest in 2019: Centrally located in the trendy Erzsébetváros district, the first building in Hungary’s capital Budapest will be opening in the third quarter of 2019. The...
Dec 6, 2018 | Accommodation, Members
News NEW YORK—Today, hospitality brand Selina has revealed its first New York City property, continuing the rapid global expansion that has the Latin American start-up planning 100 global locations by 2020, including 15 in the U.S. Slated to open by summer 2019, the...
Nov 29, 2018 | Accommodation, Members
News Interview with Viola Mellema, Manager Sales Tell us your story. How did Stayokay get started? Stayokay was founded in 1929 as the Nederlandse Jeugdherberg Centrale (NJHC) [Dutch Youth Hostel Association]. In 2003, NJHC was renamed Stayokay. The first NJHC hostel...
Nov 16, 2018 | Accommodation, Accommodation, New Horizons, Research, Youth Travel
News A decade ago, travel agent offices that students could walk into accounted for about 70% of youth travel bookings. Fast forward to 2017 and the global study of youth and student travel, New Horizons IV, indicates that online now accounts for about 80% of youth...
Nov 1, 2018 | Accommodation, Members
News WYSE teams up with STR to provide members with insights into city performance data on hostel occupancy and bed rates. In the first monthly report of its kind for WYSE Travel Confederation, STR’s data on London hostels show that despite...
Oct 10, 2018 | Accommodation, New Horizons, Reports, Research, Student Accommodation, Youth Travel
News The purpose of a trip, length of stay, and types of activities in the destination all factor into the level of happiness young people find in travelling and so does the type of accommodation used. Hostels are doing pretty well on the happiness front, from what...
Jun 28, 2018 | Members, Partners, UNWTO
News The World Tourism Organization (UNWTO), in partnership with Globalia, the leading tourism group in Spain and Latin America, have joined forces to launch the first and largest initiative devoted to identifying new companies that will lead the transformation of the...
Mar 11, 2014 | Members
WYSE Travel Confederation began the last trade day of ITB Berlin by taking to the big stage to reveal the hot youth destinations for the future. As young people are travelling more and further afield than ever before, Western Europe was revealed as the top youth...
Nov 11, 2013 | Accommodation, Higher Education, Language Travel
The global rise of student mobility is closely linked to trends driving the booming youth travel industry. Young people seek meaningful travel. Study and work abroad do exactly that for students. This provides opportunities for education and accommodation providers,...
Oct 9, 2013 | Reports, Work and Travel, Youth Travel
In many countries, youth employment is understood as a pressing domestic issue. But the proper lens is global: From Europe to North America to the Middle East, unemployment among young people has swelled into a veritable epidemic, one that threatens economic growth...
Oct 1, 2013 | Accommodation, Higher Education, Language Travel, Volunteer Travel, Work and Travel, Youth Travel
According to extensive research released today, young travellers last year (2012) spent on average £2,500 on trips abroad 40 per cent more than they did in 2007. And in a further significant development, in addition to simply having a good time and finding themselves,...
Aug 2, 2013 | Reports, UNWTO
International tourist arrivals grew by 4.3% in the first four months of 2013 to reach a total of 298 million, up from 286 million, despite a challenging global economic environment. Results were positive in all regions, with the strongest growth in Asia and the...
Jun 27, 2013 | Reports, Research
Big data has the potential to transform how travel companies deliver services to travellers, according to a major independent global study released today. The study cautions, however, that the industry is at a ‘big data crossroads’, and that businesses must make big...