Dublin-Based Global Lodging Aggregator Homestay.com Secures US$3 Million in Funding, Acquires Berlin-Based HomestayBooking

Moves Show Continued Growth, Maturation of the Hosted Travel Experience Lodging Model DUBLIN, IRELAND–(Marketwired – Jun 10, 2014) – Dublin-based Homestay.com has secured US$3 million funding, led by the venture capital firm Delta Partners and supported by Enterprise Ireland, and has acquired Berlin-based entity HomestayBooking, the company announced today. The moves help expand and accelerate the global footprint of […]

Ministry looks to develop budget tourism with new hostels

Reversing previous policy, Tourism Ministry now recognizes the need to attract more backpackers and low-cost visitors to Israel.   The Tourism Ministry will be making a push to provide tourists with more low-cost hostels by providing grants for their construction in the Jerusalem area and in outlying areas of the country, the ministry’s director general […]

Hostelworld joins Samsung Wallet in latest mobile push

Hostelworld has struck a deal with Samsung Wallet in a bid to improve its mobile offering. The budget travel website said that it is “confident” that the move will make mobile bookings quicker and more convenient. “We are continually looking for strategic and mutually beneficial partnerships and joining Samsung Wallet is a step forward in […]

The Booking Site Capitalizing on Upscale Hybrid Hostels

First popularized in Europe, the budget design hotel and upscale hybrid hotel/hostel model, with single and multi-bed units, are answering growing demand for cheap, cool and centrally located lodging in high demand cities. Brands previously covered in Skift who are driving this trend include Generator in Europe, Freehand in America and Grupo Habita in Mexico. Meanwhile, independent properties are also sprouting up worldwide to attract […]

Hostelling International Presents Their Annual Report For 2013

Germans and Americans are the most enthusiastic hostellers Hostelling International (HI) the sixth largest accommodation provider in the world and founding member of STAY WYSE has released their Annual Report for 2013. The report provides the reader with a good overview of the organisation, its mission and the highlights of the past year, as well as some […]

Attrition to hit Indonesia’s budget hotel sector

INDONESIA’S hospitality sector will see a streamlining in the number of hotel brands, especially in the budget segment, as land and construction prices increase in the next decade. While Indonesia is experiencing a middle class boom and the number of domestic travel reached 245 million trips last year, hotel room supply has outstripped traveller numbers in pace […]

How well do you know your guests? TripAdvisor puts it into perspective

The rise in traveller budgets, hotelier perception versus traveller reality, and other key travel trends worldwide can be found in the latest TripBarometer below: Source

The booking habits of hostel guests around the globe

Much like hotels, hostels are reaching new customers and opening new channels for booking on third-party sites like Hostelworld and Hostelbookers. And giving up a percentage of their revenues in the process. A new study from the STAY WYSE Association reports that 29 percent of hostel bookings now happen on third-party websites. This is according to the responses of more than […]

The new Generator Hostel London shows how cool hostels have become

Designer fittings and yoga classes are just some of the offerings to court savvy hostel guests Designer furniture by the likes of Moroso and Tom Dixon fills the lobby. There is a DJ booth in the guise of a double- decker bus and guests can pick from a cafe menu with posh nosh such as […]

National Express and YHA form partnership

National Express and YHA (England and Wales) have formed a partnership to sell coach tickets in Youth Hostels throughout England and Wales. National Express and Eurolines coach tickets can now be bought at Youth Hostels located in some of the most famous tourist destinations in the country. The joint venture will, for the first time, […]