Edinburgh Festival Fringe’s effect on hostel performance

Edinburgh Festival Fringe’s effect on hostel performance

News By Kelsey Fenerty, STR EDINBURGH – 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...
London’s hostel performance for July is unexpectedly weak

London’s hostel performance for July is unexpectedly weak

News By Kelsey Fenerty, STR LONDON—With the release of July 2019 performance data, London hosteliers may be in for a surprise. July, which historically is one of the highest-demand months each year, experienced losses in occupancy, average daily rate (ADR), and...