In search of the aging backpacker

In search of the aging backpacker

News Home » Reports categories » Activities and tours Have you signed up to one of our industry events yet? Click the logos to find out more. We’ve been tracking the quintessential youth traveller since 2002 – the backpacker. In 2017, data from WYSE Travel...
Event impact on hostel performance: Edinburgh Festival Fringe

Event impact on hostel performance: Edinburgh Festival Fringe

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...
Check in with Berlin: Market Performance Year-to-Date

Check in with Berlin: Market Performance Year-to-Date

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%...
Miami: Hostels’ next hot spot?

Miami: Hostels’ next hot spot?

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...
Keeping it real: The effects of inflation on London hostel revenue

Keeping it real: The effects of inflation on London hostel revenue

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...