Seasonal trends and variations in London hostel performance

Seasonal trends and variations in London hostel performance

News By: Kelsey Fenerty LONDON – The accommodations sector is highly seasonal, with school breaks, holidays and weather dictating youth and family travel. London’s hostel industry is no different. But viewing performance seasonally can reveal holistic trends in the...
Abraham Hostels to Expand With $6.9 Million Investment

Abraham Hostels to Expand With $6.9 Million Investment

The company intends to use the investment to open new locations near the Dead Sea, the Israeli resort town of Eilat, and additional locations in Jerusalem Bridges Israel, an independent affiliate of London-based Bridges Fund Management Ltd., has invested NIS 25...
Amsterdam TrevPAB and the Market’s Shifting Revenue Management

Amsterdam TrevPAB and the Market’s Shifting Revenue Management

By Kelsey Fenerty, STRAMSTERDAM – From a revenue perspective, one of the biggest differences in the hostel and comparable hotel operating models is the relative contribution of ancillary revenue sources (or “Other Revenue” in STR jargon) to total revenue. While...
STR Amsterdam hostel snapshot

STR Amsterdam hostel snapshot

WYSE teams up with STR to provide members with insights into city performance data on hostel occupancy and bed rates. In this monthly report STR’s data on Amsterdam hostels shows how city regulatory planning is having an effect on bed occupancy in the Dutch capital....