Articles tagged “hostels”

Hotels

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut

Shaky financial markets didn't deter Selina from debuting as a publicly traded company, taking advantage of a post-pandemic surge in youth travel. Critics pointed to its lack of profits. But fans praised the hotel brand's relentless experimentation in a sector that's often too cautious.

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut

News Blog

Hostelworld Projects Return to Profit After New Social Networking Feature Slashes Ad Spending

Online travel agent Hostelworld is predicting a return to profit by the end of this year, thanks in part to its app's new social networking feature, which it launched in April.  The company struggled through the pandemic, which shut down large parts of core market Asia, as backpackers avoided hostel dormitories. In 2021 it reported…

Hotels

Selina Pushes Into Music Festivals and Wellness Retreats

It's a tantalizing opportunity for Selina to start producing music festivals and wellness retreats at its hospitality venues through new brands. No lifestyle hotel group has cracked the festival space yet, and wellness has lots more room to run.

Selina Pushes Into Music Festivals and Wellness Retreats

Business Travel

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Startup Draper House, which is part of the billionaire investor's funding network, is the perfect embodiment of entrepreneurial tourism, a fast-growing sub sector that blends startup culture and venture capital with hospitality. Co-branding opportunities could help it expand rapidly.

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Hotels

Fintech to Help Smaller Hotel Brands Like Selina Launch Rewards Cards

Selina's launch of a loyalty card will be eyed by other emerging brands in travel lodging. Its choices in marketing the card to early-career travelers will be watched by all hoteliers coveting that segment.

Fintech to Help Smaller Hotel Brands Like Selina Launch Rewards Cards

Business Travel

Hostelworld Launching Platform to Connect Solo Travelers Before Trips

Adding social network-like features could win it some more new-to-hosteling customers, clearly needed after racking up losses of $90 million during the pandemic. But doesn't this take the fun out of the haphazard nature of hosteling?

Hostelworld Launching Platform to Connect Solo Travelers Before Trips

Hotels

Ukrainian Refugees Find Shelter in a French Hostel But Not in the UK

It's unconscionable that the UK has made the visa process enormously complicated for Ukrainian refugees. The crisis will only get worse if the growing number of people fleeing the war are unable to find shelter.

Ukrainian Refugees Find Shelter in a French Hostel But Not in the UK

Hotels

Hotels and Hostels Hosting Ukrainian Refugees Create Directory for Open Beds

Hospitality companies provided more than a million beds to emergency and frontline workers during the pandemic. As the legions of refugees fleeing the war in Ukraine grow, they're back at it with a little tech boost to assist.

Hotels and Hostels Hosting Ukrainian Refugees Create Directory for Open Beds

Hotels

5 Reveals About Selina Pulled From Its $1.2 Billion SPAC Filing

Before going public, Selina has offered a 63-page investor deck, touting its brilliance. But can the hospitality startup scale? We dig into the data and the premises behind the pitch to weigh the risks.

5 Reveals About Selina Pulled From Its $1.2 Billion SPAC Filing

Hotels

Selina Aims to Go Public at $1.2 Billion Valuation Via Blank Check Deal

Kudos to Rafael Museri and Daniel Rudasevski who co-founded Selina in 2015 and brought the company to this point. But investors face a tricky decision about how to value this startup compared to traditional lodging groups.

Selina Aims to Go Public at $1.2 Billion Valuation Via Blank Check Deal