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...
When and where will recovery begin?
After a bit of optimism in June about demand for travel and tourism services for the remainder of the year, youth travel businesses adjusted their expectations slightly in July, saying they expected, on average, a 71% drop in demand for 2020 over 2019. This...