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Hostels Market 2022 – By Price Point (Economy, Mid-Range, Luxury), By Type (Students, Workers, Other Types), By Booking (Online Bookings, Direct Bookings, Other Booking Modes), And By Region, Opportunities And Strategies – Global Forecast To 2031 

Hostels Global Market Opportunities And Strategies To 2031

Starting Price : $4000.00 $2800.00 | Pages : 216 | Published : July 2022 | | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Hostels Market Definition

The hostels market consists of sales of hostels and related services. A hostel can be described as a kind of budget-friendly shared accommodation that has a common area. Hostels typically have dorm-style rooms for travelers, but private rooms and hotel-like facilities are also available nowadays. Hostels prefer to concentrate on building a sociable atmosphere and are much less costly than a hotel.

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Hostels Market Size

The global hostels market size reached a value of nearly $5,741.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 1.5% since 2016. The market is expected to grow from $5,741.3 million in 2021 to $7,278.7 million in 2026 at a rate of 4.9%. The market is then expected to grow at a CAGR of 5.5% from 2026 and reach $9,502.8 million in 2031.      

Growth in the historic period resulted from strong economic growth in emerging markets, growth in world population, a rise in disposable income, acceptance of solo travel and an increase in paid leaves globally.

Going forward, millennial travelers, rising spend on leisure, a shift in travel trends, the resurgence of staycations, government initiatives, increasing internet penetration and smartphone usage and an increase in budget-conscious travelers will drive the growth. Factors that could hinder the growth of the hostels market in the future include communal lodging Issues and the Russian-Ukrainian war.

Hostels Market Drivers

The key drivers of the hostels market include:

Millennial Travelers

The millennial population is expected to drive the hostels market. Millennials, known as generation Y, are young adults born between 1980 and 2004. By 2020, millennials took 320 million international trips, a 47% increase from 217 million in 2013.

Millennials are predicted to outnumber baby boomers (1946-1964) by almost 22 million by 2030. A large proportion of this population are showing interest in travelling, adventure activities and nature exploration. Millennials are interested in experiential offerings, better socialization and good experiences.

According to AARP'.s (USA's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age) 2019 Travel Trends report, the average millennial (ages 21 to 37) plans on taking roughly five trips throughout the year, three of which are expected to be international. That's more international trips than Gen X (ages 38 to 53) and more overall trips than Baby Boomers (ages 54 to 72). Also, millennials organize trips responsibly, as they plan to spend $4,400 on travel overall in 2019, compared to Gen-Xers' $5,400 budget and Boomers' estimated $6,600, according to AAR. The rising millennial population is expected to drive the hostels market growth in future.

Hostels Market Restraints

The key restraints on the hostels market include:

Russian-Ukrainian War

The ongoing war between Russia and Ukraine is expected to restrain the overall tourism industry in these nations, thus impacting the hostels market. Hostels are a popular medium of accommodation in European countries and the war is expected to lead to a decline in inbound tourists visiting these countries.

For instance, Canada-based travel app, Hopper, said that Europe air searches were down 9% from expected levels. Western hotel firms have promised to scale back or shutter business in Russia amid the ongoing war with Ukraine. Investors have also suspended property deals in central and Eastern Europe given the increased uncertainty in the region, with German and Austrian banks expected to rein in their lending to the region. Hence, the ongoing war in the Eastern European region is expected to hinder the growth of the market in the forecast period.

Hostels Market Trends

Major trends shaping the hostels market include:

Hybrid Hostels

Hybrid hostels are growing in popularity among young professional travelers.  They provide a combination of affordability and sociability of dorm-accommodation, with the high-end facilities of traditional hotels.

The benefits of hybrid hostels is that they provide travelers with a mix of fun and freedom, along with the comfort and amenities of hotels.

For instance, in 2021, Germany based A&O Hotels and Hostels company developed a hybrid mode that offers consumers a choice between a hostel like facilities with rooms for four to six people or a more hotel like offering with private room and bathroom.

Stay Hybrid Hostel is centrally located in Thessaloniki, Greece, near the Ladadika and Valaoritou areas. Every room at Stay Hybrid Hostel is air-conditioned, with exclusive music references. They offer personal rooms with personal facilities, tables for beds, a small desk, a wardrobe and a flat-screen TV.

Eco-Friendly Hostels

Hostels providers are coming up with eco-friendly hostel facilities for travelers that demand they include sustainability, even while they travel.

Eco-friendly hostels are built around natural surroundings to give a feel of nature and use renewable sources of energy for their amenities.

For instance, according to the Hostel World Group, in 2021, sustainable travel is growing in demand, as 92% of hostel travelers now consider themselves to be green travelers.

Some of the best eco-friendly hostels across the world include Ecomama, Alter Hostel, Urban Garde Hostel, Eco Hostel Republik and others.

Opportunities And Recommendations In Hostels Market

Opportunities –The top opportunities in the hostels market segmented by type will arise in the students segment, which will gain $1,194.2 million of global annual sales by 2026. The top opportunities in segment by price point will arise in the economy segment, which will gain $697.7 million of global annual sales by 2026. The top opportunities in segment by mode of booking will arise in the direct bookings segment, which will gain $719.3 million of global annual sales by 2026. The hostels market size will gain the most in the USA at $299.6 million.  

Recommendations –To take advantage of the opportunities, The Business Research Company recommends the hostels companies to focus on hybrid hostels, invest in eco-friendly hostels, introduce innovative hostel concepts, expand in emerging markets, provide competitively priced offerings, leverage social media, use artificial intelligence (AI) to increase customer engagement and increase focus on online consumers.

Hostels Market Segmentation

The hostels market is segmented by type, by technology, and by end-user.
By Type –
The hostels market is segmented by type into
    • a) Students
    • b) Workers
    • c) Other Types
The hostels market is segmented by type into students, workers, and other types. The students market was the largest segment of the hostels market segmented by type, accounting for 79.1% of the total in 2021. Going forward, the workers market is expected to be the fastest-growing segment in the hostels market segmented by type, at a CAGR of 5.2% during 2021-2026.
By Price Point –
The hostels market is segmented by price point into
    • a) Economy
    • b) Mid-Range
    • c) Luxury
The hostels market is segmented by price point into the economy, mid-range and luxury. The economy market was the largest segment of the hostels market segmented by price point, accounting for 50.3% of the total in 2021. Going forward, the luxury market is expected to be the fastest-growing segment in the hostels market segmented by price point, at a CAGR of 5.4% during 2021-2026.
By Booking –
The hostels market is segmented by booking into
    • a) Online Bookings
    • b) Direct Bookings
    • c) Other Booking Modes
The hostels market is segmented mode of booking into online bookings, direct bookings and other booking modes. The other booking modes market was the largest segment of the hostels market segmented by mode of booking, accounting for 48.6% of the total in 2021. Going forward, the online bookings market is expected to be the fastest growing segment in the hostels market segmented by mode of booking, at a CAGR of 5.7% during 2021-2026.
By Geography- The hostels market is segment by geography into
    • o Asia Pacific
      • •  China
      • •  Japan
      • •  India
      • •  Australia
      • •  Indonesia
      • •  South Korea
      • o North America
      • • USA
      o South America
      • • Brazil 
      o Western Europe
      • • UK 
      • • Germany 
      • • France 
      o Eastern Europe
      • • Russia 
      o Middle East
      o Africa
Asia-Pacific was the largest region in the global hostels market, accounting for 36.9% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the global hostels market will be Africa, and, the Middle East where growth will be at CAGRs of 7.7% and 6.6% respectively. These will be followed by South America, and, Western Europe, where the markets are expected to grow at CAGRs of 6.4% and 5.4% respectively.

Hostels Market Competitive Landscape

Major Competitors are:

  • A&O Hotels and Hostels
  • Che Lagarto
  • St Christopher’s Inns
  • Vietnam Backpacker Hostels
  • Loki Hostels

    • Other Competitors Include:

  • goSTOPS
  • Mad Monkey Hostels
  • Bohemian Hostels
  • Hostelling International Canada
  • Safestay Plc
  • Beijing Downtown Travelotel
  • 11 Youth Hostel
  • Hop Inn
  • Kunming Cloudland Youth Hostel
  • Lijiang Garden Inn
  • Chengdu Dragon Town Sichuan Style Hostel
  • The Hostel Crowd
  • International Youth Hostels (YHAI)
  • Vedanta Wake Up
  • GoStops
  • Moustache
  • Pappi Chulo
  • The Hosteller
  • Nomads
  • Backpacker Panda
  • Generator Hostels
  • Hostel One
  • Plus Hostels
  • Wombat’s Hostels
  • Clink Hostels
  • MEININGER Hotels
  • Safestay
  • Combo Hostels
  • YHA England & Wales
  • Toc Hostel & Suites
  • Freehand Hotels
  • Hostelling International
  • Green Tortoise Hostel
  • Canada Hostels
  • WOKSEN
  • Cloudbeds
  • OPERA Property Management System (PMS)
  • Hotelogix PMS
  • Wild Rover
  • Viajero
  • Posadas Group
  • Gaviota
  • Atlantica
  • HomeStar - Jumeirah Beach
  • Grand Pearl Hostel for Boys
  • Mix
  • Rodamon Hostel
  • Sundance Hostel
  • Dar Surf Hostel
  • high garden hostels (Nigeria)
  • New Teddy Hostel
  • elmenus
  • Pakachere Backpackers Lodge
  • Hotels. Ng
  • Azalaï HotelsTented Adventures
  • The BIG Backpackers

      • Table Of Contents

      1. Executive Summary

      2. Table of Contents

      3. List of Figures

      4. List of Tables

      5. Report Structure

      6. Introduction and Market Characteristics

      6.1. General Market Definition

      6.2. Summary

      6.3. Hostels Market Definition and Segmentations

      6.4. Market Segmentation by Type

      6.4.1. Students

      6.4.2. Workers

      6.4.3. Other Types

      6.5. Market Segmentation by Price Point

      6.5.1. Economy

      6.5.2. Mid-Range

      6.5.3. Luxury

      6.6. Market Segmentation by Mode of Booking

      6.6.1. Online Bookings

      6.6.2. Direct Bookings

      6.6.3. Other Booking Modes

      7. Major Market Trends

      7.1. Hybrid Hostels

      7.2. Eco-Friendly Hostels

      7.3. Yoga Hostels

      7.4. Introduction of Innovative Hostels

      7.5. Shift towards Digital Tools

      7.6. Technological Advancements

      8. Global Market Size and Growth

      8.1. Market Size

      8.2. Historic Market Growth, 2016 – 2021, Value ($ Million)

      8.2.1. Market Drivers 2016 – 2021

      8.2.2. Market Restraints 2016 – 2021

      8.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      8.3.1. Market Drivers 2021 – 2026

      8.3.2. Market Restraints 2021 – 2026

      9. Global Hostels Market Segmentation

      9.1. Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      9.2. Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      9.3. Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      10. Hostels Market, Regional and Country Analysis

      10.1. Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      10.2. Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11. Asia-Pacific Market

      11.1.1. Summary

      11.2. Market Overview

      11.2.1. Region Information

      11.2.2. Market Information

      11.2.3. Background Information

      11.2.4. Government Initiatives

      11.2.5. Regulations

      11.2.6. Regulatory Bodies

      11.2.7. Major Associations

      11.2.8. Taxes Levied

      11.2.9. Corporate Tax Structure

      11.2.10. Investments

      11.2.11. Major Companies

      11.3. Asia-Pacific Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.4. Asia-Pacific Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.5. Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.6. Asia-Pacific Hostels Market: Country Analysis

      11.7. China Market

      11.7.1. Summary

      11.8. Market Overview

      11.8.1. Country Information

      11.8.2. Market Information

      11.8.3. Background Information

      11.8.4. Government Initiatives

      11.8.5. Regulations

      11.8.6. Regulatory Bodies

      11.8.7. Major Associations

      11.8.8. Corporate Tax Structure

      11.8.9. Taxes Levied

      11.8.10. Major Companies

      11.9. China Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.10. China Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.11. China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.12. India Market

      11.13. India Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.14. India Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.15. India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.16. Japan Market

      11.17. Japan Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.18. Japan Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.19. Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.20. Australia Market

      11.21. Australia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.22. Australia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.23. Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.24. Indonesia Market

      11.25. Indonesia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.26. Indonesia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.27. Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      11.28. South Korea Market

      11.29. South Korea Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      11.30. South Korea Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      11.31. South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12. Western Europe Market

      12.1.1. Summary

      12.2. Market Overview

      12.2.1. Region Information

      12.2.2. Market Information

      12.2.3. Background Information

      12.2.4. Government Initiatives

      12.2.5. Regulations

      12.2.6. Regulatory bodies

      12.2.7. Major Associations

      12.2.8. Taxes Levied

      12.2.9. Corporate Tax Structure

      12.2.10. Investments

      12.2.11. Major Companies

      12.3. Western Europe Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.4. Western Europe Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.5. Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.6. Western Europe Hostels Market: Country Analysis

      12.7. UK Market

      12.8. UK Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.9. UK Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.10. UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.11. Germany Market

      12.12. Germany Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.13. Germany Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.14. Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      12.15. France Market

      12.16. France Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      12.17. France Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      12.18. France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13. Eastern Europe Market

      13.1.1. Summary

      13.2. Market Overview

      13.2.1. Region Information

      13.2.2. Market Information

      13.2.3. Background Information

      13.2.4. Government Initiatives

      13.2.5. Regulations

      13.2.6. Regulatory bodies

      13.2.7. Major Associations

      13.2.8. Taxes Levied

      13.2.9. Corporate Tax Structure

      13.2.10. Investments

      13.2.11. Major Companies

      13.3. Eastern Europe Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.4. Eastern Europe Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.5. Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      13.6. Eastern Europe Hostels Market: Country Analysis

      13.7. Russia Market

      13.8. Russia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      13.9. Russia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      13.10. Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14. North America Market

      14.1.1. Summary

      14.2. Market Overview

      14.2.1. Region Information

      14.2.2. Market Information

      14.2.3. Background Information

      14.2.4. Government Initiatives

      14.2.5. Regulations

      14.2.6. Regulatory bodies

      14.2.7. Major Associations

      14.2.8. Taxes Levied

      14.2.9. Corporate Tax Structure

      14.2.10. Investments

      14.2.11. Major Companies

      14.3. North America Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.4. North America Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.5. North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      14.6. North America Hostels Market: Country Analysis

      14.7. USA Market

      14.7.1. Summary

      14.8. Market Overview

      14.8.1. Country Information

      14.8.2. Market Information

      14.8.3. Background Information

      14.8.4. Government Initiatives

      14.8.5. Regulations

      14.8.6. Regulatory bodies

      14.8.7. Major Associations

      14.8.8. Taxes Levied

      14.8.9. Corporate Tax Structure

      14.8.10. Investments

      14.8.11. Major Companies

      14.9. USA Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      14.10. USA Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      14.11. USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15. South America Market

      15.1.1. Summary

      15.2. Market Overview

      15.2.1. Region Information

      15.2.2. Market Information

      15.2.3. Background Information

      15.2.4. Government Initiatives

      15.2.5. Regulations

      15.2.6. Regulatory bodies

      15.2.7. Major Associations

      15.2.8. Taxes Levied

      15.2.9. Corporate Tax Structure

      15.2.10. Investments

      15.2.11. Major Companies

      15.3. South America Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.4. South America Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.5. South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      15.6. South America Hostels Market: Country Analysis

      15.7. Brazil Market

      15.8. Brazil Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      15.9. Brazil Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      15.10. Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      16. Middle East Market

      16.1.1. Summary

      16.2. Market Overview

      16.2.1. Region Information

      16.2.2. Market Information

      16.2.3. Background Information

      16.2.4. Government Initiatives

      16.2.5. Regulatory Bodies

      16.2.6. Association

      16.2.7. Corporate Tax Structure

      16.2.8. Investments

      16.2.9. Major Companies

      16.3. Middle East Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      16.4. Middle East Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      16.5. Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      17. Africa Market

      17.1.1. Summary

      17.2. Market Overview

      17.2.1. Region Information

      17.2.2. Market Information

      17.2.3. Background Information

      17.2.4. Government Initiatives

      17.2.5. Regulations

      17.2.6. Regulatory Bodies

      17.2.7. Association

      17.2.8. Taxes Levied

      17.2.9. Corporate Tax Structure

      17.2.10. Investments

      17.2.11. Major Companies

      17.3. Africa Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

      17.4. Africa Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

      17.5. Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

      18. Competitive Landscape and Company Profiles

      19. Company Profiles

      19.1. A&O Hotels and Hostels

      19.1.1. Company Overview

      19.1.2. Products and Services.

      19.1.3. Business Strategy

      19.1.4. Financial Overview

      19.2. Che Lagarto

      19.2.1. Company Overview

      19.2.2. Products and Services.

      19.2.3. Financial Overview

      19.3. St Christopher’s Inns

      19.3.1. Company Overview

      19.3.2. Products and Services.

      19.3.3. Business Strategy

      19.3.4. Financial Overview

      19.4. Vietnam Backpacker Hostels

      19.4.1. Company Overview

      19.4.2. Products and Services

      19.4.3. Financial Overview

      19.5. Loki Hostels

      19.5.1. Company Overview

      19.5.2. Products and Services

      19.5.3. Financial Overview

      20. Key Mergers and Acquisitions

      20.1. Room007 Acquired Blusock Hostels

      20.2. Slumber Party Hostels Acquired Bodega Hostels

      20.3. BlackRock European Hostel JV Acquired CoDE Pod Hostels

      20.4. Clink Hostels Acquired Ecomama And Cocomama Hostel Chain

      20.5. Safestay Acquired AthenStyle Hostel

      20.6. Safestay Acquired Three Hostels from Dreamgroup Management E.C.P. Ltd

      21. Global Hostels Market Opportunities And Strategies

      21.1. Global Hostels Market In 2026 – Countries Offering Most New Opportunities

      21.2. Global Hostels Market In 2026 – Segments Offering Most New Opportunities

      21.3. Global Hostels Market In 2026 – Growth Strategies

      21.3.1. Market Trend Based Strategies

      21.3.2. Competitor Strategies

      22. Hostels Market, Conclusions And Recommendations

      22.1. Conclusions

      22.2. Recommendations

      23. Appendix

      23.1. Market Data Sources

      23.2. Research Methodology

      23.3. Currencies

      23.4. The Business Research Company

      23.5. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 2: Global Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 3: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 4: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 5: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 6: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 7: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 8: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 9: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 10: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 11: Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 12: Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 13: Asia-Pacific GDP Per Capita, By Country, 2016-2021, $
    • Table 14: Asia-Pacific Population By Age Group, By Country, 2016-2026, Thousands
    • Table 15:  Asia-Pacific Hospitality Market, 2016-2026, $Billion
    • Table 16: Asia-Pacific Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 17: Asia-Pacific Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 18: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 19: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 20: China GDP Per Capita, 2016-2021, $
    • Table 21: China Population By Age Group, 2016-2026, Thousands
    • Table 22:  China Hospitality Market, 2016-2026, $Billion
    • Table 23: China Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 24: China Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 25: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 26: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 27: India Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 28: India Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 29: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 30: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 31: Japan Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 32: Japan Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 33: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 34: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 35: Australia Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 36: Australia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 37: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 38: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 39: Indonesia Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 40: Indonesia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 41: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 42: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 43: South Korea Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 44: South Korea Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 45: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 46: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 47: Western Europe GDP Per Capita, By Country, 2016-2021, $
    • Table 48: Western Europe Population By Age Group, By Country, 2016-2026, Thousands
    • Table 49:  Western Europe Hospitality Market, 2016-2026, $Billion
    • Table 50: Western Europe Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 51: Western Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 52: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 53: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 54: UK Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 55: UK Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 56: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 57: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 58: Germany Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 59: Germany Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 60: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 61: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 62: France Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 63: France Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 64: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 65: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 66: Eastern Europe GDP Per Capita, By Country, 2016-2021, $
    • Table 67: Eastern Europe Population By Age Group, By Country, 2016-2026, Thousands
    • Table 68:  Eastern Europe Hospitality Market, 2016-2026, $Billion
    • Table 69: Eastern Europe Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 70: Eastern Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 71: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 72: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 73: Russia Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 74: Russia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 75: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 76: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 77: North America GDP Per Capita, By Country, 2016-2021, $
    • Table 78: North America Population By Age Group, By Country, 2016-2026, Thousands
    • Table 79:  North America Hospitality Market, 2016-2026, $Billion
    • Table 80: North America Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 81: North America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 82: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 83: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 84: USA GDP Per Capita, 2016-2021, $
    • Table 85: USA Population By Age Group, 2016-2026, Thousands
    • Table 86:  USA Hospitality Market, 2016-2026, $Billion
    • Table 87: USA Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 88: USA Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 89: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 90: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 91: South America GDP Per Capita, By Country, 2016-2021, $
    • Table 92: South America Population By Age Group, By Country, 2016-2026, Thousands
    • Table 93:  South America Hospitality Market, 2016-2026, $Billion
    • Table 94: South America Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 95: South America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 96: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 97: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 98: Brazil Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 99: Brazil Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 100: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 101: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 102: Middle East GDP Per Capita, By Country, 2016-2021, $
    • Table 103: Middle East Population By Age Group, By Country, 2016-2026, Thousands
    • Table 104:  Middle East Hospitality Market, 2016-2026, $Billion
    • Table 105: Middle East Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 106: Middle East Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 107: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 108: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 109: Africa GDP Per Capita, By Country, 2016-2021, $
    • Table 110: Africa Population By Age Group, By Country, 2016-2026, Thousands
    • Table 111:  Africa Hospitality Market, 2016-2026, $Billion
    • Table 112: Africa Hostels Market, Historic, 2016 – 2021, $ Million
    • Table 113: Africa Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Table 114: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Table 115: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
    • Table 116: Global Hostels Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Table 117: Global Hostels Market Size Gain ($ Million), 2021 – 2026, By Country
    • Table 118: Global Hostels Market Size Gain ($ Million), Segmentation By Type, 2021 – 2026
    • Table 119: Global Hostels Market Size Gain ($ Million), Segmentation By Price Point, 2021 – 2026
    • Table 120: Global Hostels Market Size Gain ($ Million), Segmentation By Mode of Booking, 2021 – 2026
    • Table 121: Hostels Market Data Sources

    List Of Figures

      Figure 1: Geographic Regions Covered
    • Figure 2: Global Hostels Market Segmentation By Type
    • Figure 3: Global Hostels Market Segmentation By Price Point
    • Figure 4: Global Hostels Market Segmentation By Mode of Booking
    • Figure 5: Global Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 6: Global Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 7: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 8: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 9: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 10: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 12: Asia-Pacific Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 13: Asia-Pacific Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 14: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 15: China Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 16: China Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 17: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 18: India Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 19: India Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 20: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 21: Japan Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 22: Japan Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 23: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 24: Australia Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 25: Australia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 26: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 27: Indonesia Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 28: Indonesia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 29: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 30: South Korea Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 31: South Korea Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 32: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 33: Western Europe Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 34: Western Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 35: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 36: UK Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 37: UK Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 38: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 39: Germany Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 40: Germany Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 41: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 42: France Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 43: France Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 44: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 45: Eastern Europe Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 46: Eastern Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 47: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 48: Russia Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 49: Russia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 50: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 51: North America Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 52: North America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 53: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 54: USA Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 55: USA Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 56: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 57: South America Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 58: South America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 59: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 60: Brazil Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 61: Brazil Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 62: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 63: Middle East Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 64: Middle East Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 65: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 66: Africa Hostels Market, Historic, 2016 – 2021, $ Million
    • Figure 67: Africa Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
    • Figure 68: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
    • Figure 69: Global Hostels Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)

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