Table of Content
1. Executive Summary
2. Introduction
2.1 Hostel: An Overview
2.1.1 Benefits of Staying in a Hostel
2.2 Hostel Segmentation: An Overview
2.2.1 Hostel Segmentation by Booking Channel
3. Global Market Analysis
3.1 Global Hostel Market: An Analysis
3.1.1 Global Hostel Market by Value: An Overview
3.1.2 Global Hostel Market by Value
3.1.3 Global Hostel Market by Booking Channel (Online Travel Agencies (OTAs), Hostel Websites, Offline Direct and Offline Intermediaries)
3.1.4 Global Hostel Market by Region (Western Europe, Asia, Latin America, North America, Australia and New Zealand and Rest of the World)
3.1.5 Global Hostel Market by Volume: An Overview
3.1.6 Global Hostel Market by Volume
3.2 Global Hostel Market: Booking Channel Analysis
3.2.1 Global Hostel Market by Booking Channel: An Overview
3.2.2 Global Online Travel Agencies (OTAs) Hostel Market by Value
3.2.3 Global Hostel Websites Hostel Market by Value
3.2.4 Global Offline Direct Hostel Market by Value
3.2.5 Global Offline Intermediaries Hostel Market by Value
4. Regional Market Analysis
4.1 Western Europe Hostel Market: An Analysis
4.1.1 Western Europe Hostel Market: An Overview
4.1.2 Western Europe Hostel Market by Value
4.1.3 Western Europe Hostel Market by Region (United Kingdom, Germany, France, and Rest of Western Europe)
4.1.4 United Kingdom Hostel Market by Value
4.1.5 Germany Hostel Market by Value
4.1.6 France Hostel Market by Value
4.1.7 Rest of Western Europe Hostel Market by Value
4.2 Asia Hostel Market: An Analysis
4.2.1 Asia Hostel Market: An Overview
4.2.2 Asia Hostel Market by Value
4.2.3 Asia Hostel Market by Region (China, Japan, India, and Rest of Asia)
4.2.4 China Hostel Market by Value
4.2.5 Japan Hostel Market by Value
4.2.6 India Hostel Market by Value
4.2.7 Rest of Asia Hostel Market by Value
4.3 North America Hostel Market: An Analysis
4.3.1 North America Hostel Market: An Overview
4.3.2 North America Hostel Market by Value
4.3.3 North America Hostel Market by Region (The US, Canada, and Mexico)
4.3.4 The US Hostel Market by Value
4.3.5 Canada Hostel Market by Value
4.3.6 Mexico Hostel Market by Value
4.4 Latin America Hostel Market: An Analysis
4.4.1 Latin America Hostel Market: An Overview
4.4.2 Latin America Hostel Market by Value
4.5 Australia and New Zealand Hostel Market: An Analysis
4.5.1 Australia and New Zealand Hostel Market: An Overview
4.5.2 Australia and New Zealand Hostel Market by Value
4.6 Rest of the World Hostel Market: An Analysis
4.6.1 Rest of the World Hostel Market: An Overview
4.6.2 Rest of the World Hostel Market by Value
5. Impact of Covid-19
5.1 Impact of COVID-19 on Global Hostel Market
5.1.1 Change in Global Consumer Behavior and Expectations
5.1.2 Impact on Europe Hostel Market
5.1.3 Post COVID-19
6. Market Dynamics
6.1 Growth Driver
6.1.1 Greater Spending by Millennial
6.1.2 Growing Interest for Travel
6.1.3 Rising Middle Class Population
6.1.4 Increasing Role of Online Travel Agencies (OTAs)
6.1.5 Escalating Popularity of Solo Travel
6.1.6 Increasing Investments in the Hostel Industry
6.2 Challenges
6.2.1 Overcrowding in Hostels
6.2.2 Misconceptions about Hostels
6.2.3 Rise of Budget and Midscale Hotels
6.3 Market Trends
6.3.1 Surging Interest in Sustainable Travel
6.3.2 Growing Number of Mobile Bookings
6.3.3 Shift in Consumer Preferences towards Shared Experiences
6.3.4 Rising Demand for Luxury Hostels
6.3.5 Increasing Importance of Social Interaction for Travelers
6.3.6 Introduction of Hybrid Hostels
7. Competitive Landscape
7.1 Global Hostel Market Players by Total Properties
7.2 Global Hostel Market Players by Instagram Followers
8. Company Profiles
8.1 Hostelworld Group
8.1.1 Business Overview
8.1.2 Operating Regions
8.1.3 Business Strategy
8.2 Safestay plc.
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy
8.3 A&O Hotels and Hostels
8.3.1 Business Overview
8.3.2 Business Strategy
8.4 Hostelling International (HI)
8.4.1 Business Overview
8.4.2 Business Strategy
8.5 Generator Hostels
8.5.1 Business Overview
8.6 London Backpackers
8.6.1 Business Overview
8.7 Wombat’s Hostel
8.7.1 Business Overview
8.8 Newquay International Backpackers
8.8.1 Business Overview
8.9 Maestro Hostel
8.9.1 Business Overview
8.10 Green Tortoise Hostel
8.10.1 Business Overview
List of Figures
Figure 1: Benefits of Staying in a Hostel
Figure 2: Hostel Segmentation by Booking Channel
Figure 3: Global Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 4: Global Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 5: Global Hostel Market by Booking Channel; 2021 (Percentage, %)
Figure 6: Global Hostel Market by Region; 2021 (Percentage, %)
Figure 7: Global Hostel Market by Volume; 2017-2021 (Thousand)
Figure 8: Global Hostel Market by Volume; 2022-2027 (Thousand)
Figure 9: Global Online Travel Agencies (OTAs) Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 10: Global Online Travel Agencies (OTAs) Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 11: Global Hostel Websites Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 12: Global Hostel Websites Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 13: Global Offline Direct Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 14: Global Offline Direct Hostel Market by Value; 2022-2027 (US$ Million)
Figure 15: Global Offline Intermediaries Hostel Market by Value; 2017-2021 (US$ Million)
Figure 16: Global Offline Intermediaries Hostel Market by Value; 2022-2027 (US$ Million)
Figure 17: Western Europe Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 18: Western Europe Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 19: Western Europe Hostel Market by Region; 2021 (Percentage, %)
Figure 20: United Kingdom Hostel Market by Value; 2017-2021 (US$ Million)
Figure 21: United Kingdom Hostel Market by Value; 2022-2027 (US$ Million)
Figure 22: Germany Hostel Market by Value; 2017-2021 (US$ Million)
Figure 23: Germany Hostel Market by Value; 2022-2027 (US$ Million)
Figure 24: France Hostel Market by Value; 2017-2021 (US$ Million)
Figure 25: France Hostel Market by Value; 2022-2027 (US$ Million)
Figure 26: Rest of Western Europe Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 27: Rest of Western Europe Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 28: Asia Hostel Market by Value; 2017-2021 (US$ Billion)
Figure 29: Asia Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 30: Asia Hostel Market by Region; 2021 (Percentage, %)
Figure 31: China Hostel Market by Value; 2017-2021 (US$ Million)
Figure 32: China Hostel Market by Value; 2022-2027 (US$ Million)
Figure 33: Japan Hostel Market by Value; 2017-2021 (US$ Million)
Figure 34: Japan Hostel Market by Value; 2022-2027 (US$ Million)
Figure 35: India Hostel Market by Value; 2017-2021 (US$ Million)
Figure 36: India Hostel Market by Value; 2022-2027 (US$ Million)
Figure 37: Rest of Asia Hostel Market by Value; 2017-2021 (US$ Million)
Figure 38: Rest of Asia Hostel Market by Value; 2022-2027 (US$ Million)
Figure 39: North America Hostel Market by Value; 2017-2021 (US$ Million)
Figure 40: North America Hostel Market by Value; 2022-2027 (US$ Million)
Figure 41: North America Hostel Market by Region; 2021 (Percentage, %)
Figure 42: The US Hostel Market by Value; 2017-2021 (US$ Million)
Figure 43: The US Hostel Market by Value; 2022-2027 (US$ Million)
Figure 44: Canada Hostel Market by Value; 2017-2021 (US$ Million)
Figure 45: Canada Hostel Market by Value; 2022-2027 (US$ Million)
Figure 46: Mexico Hostel Market by Value; 2017-2021 (US$ Million)
Figure 47: Mexico Hostel Market by Value; 2022-2027 (US$ Million)
Figure 48: Latin America Hostel Market by Value; 2017-2021 (US$ Million)
Figure 49: Latin America Hostel Market by Value; 2022-2027 (US$ Million)
Figure 50: Australia and New Zeeland Hostel Market by Value; 2017-2021 (US$ Million)
Figure 51: Australia and New Zeeland Hostel Market by Value; 2022-2027 (US$ Million)
Figure 52: Rest of the World Hostel Market by Value; 2017-2021 (US$ Million)
Figure 53: Rest of the World Hostel Market by Value; 2022-2027 (US$ Billion)
Figure 54: European Markets, % of Closed Hostel Beds; 2020
Figure 55: Global Annual Aggregate Income by Generation; 2020-2025 (US$ Trillion)
Figure 56: Global International Tourist Arrivals; 2017-2021 (Million)
Figure 57: Global Middle Class Population by Region; 2015-2030 (Million)
Figure 58: Global Online Travel Agencies (OTAs) Market; 2018-2023 (US$ Billion)
Figure 59: Global Mobile App Downloads; 2016-2021 (Billion)
Figure 60: The US Discretionary Expenditure by Category; 2000-2030 (Percentage, %)
Figure61: Global Hostel Market Players by Total Properties; 2021 (Percentage, %)
Figure 62: Global Hostel Market Players by Instagram Followers; 2022 (Thousand)
Figure 63: Hostelworld Group Revenue by Region; 2021 (Percentage, %)
Figure 64: Safestay plc. Revenue by Segments; 2020 (Percentage, %)