STAY WYSE Hostel Research Update

Patrick Mayock, STR | David Chapman, WYSE Travel Confederation

A historic run of high demand has boosted performance across most accommodation types, but will the good times last forever? In this data-driven session, Patrick Mayock of benchmarking provider STR will explore trends in hostel performance metrics, including occupancy, average bed rate, and revenue utilisation per square metre. Additional context will be provided via comparative data from other accommodation types, including hotels. WYSE Travel Confederation’s David Chapman will provide an update on accommodation-related research findings from the recent global survey of more than 57,000 youth and student travellers, New Horizons.

Patrick Mayock

As Senior Director of Research & Development, Patrick Mayock is tasked with exploring new opportunities, methodologies and solutions to ensure the continued success of STR long into the future. Additionally, he helps support the company’s strategic planning efforts and leads the company’s thought leadership platform. Prior to joining the R&D team in January 2016, Patrick was instrumental in building STR’s media arm, Hotel News Now, to the award-winning leader in news for the global hotel industry. Patrick earned his bachelor’s degree from the E.W. Scripps of Journalism at Ohio University and his master’s degree from Kent State University. He is pursuing an MBA from the Weatherhead School of Management at Case Western Reserve University. He lives in Rock River, Ohio, with his wife, Emily, and sons, William and Henry.

David Chapman

For the past four years as Director General of WYSE Travel Confederation, David has led the Amsterdam-based team in representing and advocating the youth, student and educational travel industry. During his tenure as Director General, WYSE Travel Confederation has expanded upon its legacy of producing essential market research and industry events, and supporting top-notch youth travel organisations worldwide. Prior to becoming Director General, David was an active board member of STAY WYSE and chairman of WYSE Travel Confederation. He brought a wealth of experience in both the youth travel and hospitality sectors, having served for six years as COO and Deputy Director of a London based non-profit social centre with student accommodation. He also worked at some of the best hotels in Europe including Grosvenor House, The Waldorf and the George V in Paris before becoming General Manager of several of the UK’s top country house hotels.