July jubilee: Hostel recovery begins across Europe

July jubilee: Hostel recovery begins across Europe

News Kelsey Fennerty, STR Over the past several months, European hostels have struggled to find footing in an industry turned inside out by the COVID-19 pandemic, and performance suffered accordingly. For much of the spring and summer, hostels temporarily shut their...
COVID-19 impacts on hostel performance: April update

COVID-19 impacts on hostel performance: April update

News By Kelsey Fenerty, STR April marked the first full month of COVID-19-related lockdowns, and hostel and hotel data declined accordingly. Many properties temporarily closed, either by their own initiative or by government mandate, while others remained open to...
COVID-19 impacts on hostel performance

COVID-19 impacts on hostel performance

News By Kelsey Fenerty, STRCOVID-19 has wreaked havoc upon the travel industry, and the hostel sector is no exception. Hostels enjoyed a relatively “normal” February, but with March came the WHO pandemic classification, the abrupt halt of travel, and in many markets...
COVID-19 and European accommodations performance

COVID-19 and European accommodations performance

News Kelsey Fennerty, STR January data for hostels and most hotel markets in Europe was not impacted by the outbreak of coronavirus (COVID-19). While January hostels lost RevPAB year over year, the decline was similar to that experienced in December 2019, suggesting...
Clink Hostels Acquires Amsterdam Hostel Chain

Clink Hostels Acquires Amsterdam Hostel Chain

News Home » Hostel European hostel chain Clink Hostels has recently purchased the very successful Ecomama and Cocomama boutique concept hostels located in the heart of Amsterdam city. Clink is really excited about the opportunity given their innovative hostel approach...
2019 Trends in Hostel Performance

2019 Trends in Hostel Performance

News By Kelsey Fenerty, STR2019 was a fairly tumultuous year for the European hostel markets that STR tracks. Performance varied widely across markets, as markets battled tourist troubles, worried about Brexit or ended the year with seemingly no concerns.Year in...