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GLOBAL HOSTEL MARKETPLACE
The global hostel industry generated over $6.0 billion in revenues in 2019 which is expected to increase to $7.5 billion by 2023. Hostel travelers (and many parents of hostel travelers) are uncertain of the safety of a shared lodging experience. Hostel owners are also uncertain of how new social distancing requirements will impact operations and need an affordable replacement to the traditional bunk bed.

Revenue: $935 m
Supply: 27%
Revenue: $620 m
Supply: 22%
Revenue: $492 m
Supply: 3%
Revenue: $429 m
Supply: 4%
U.S. & Canada
L. America & Caribbean
Australia & N. Zealand
Asia
Middle East & Africa
Revenue: $101 m
Supply: 4%
Europe
Revenue: $2,679 m
Supply: 40%
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