Articles tagged “hostels”

Hotels

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Travel Technology

Skift India Report: Ixigo Launches ChatGPT-Powered Travel Itinerary Tool 

While this is just the beginning, can we trust an AI chatbot with all our travel plans just yet? Well, humans are the best guides for now.

Skift India Report: Ixigo Launches ChatGPT-Powered Travel Itinerary Tool 

Hotels

The Wyndham-Choice Merger Skeptics

Today's edition of Skift's daily podcast looks closer at a Choice and Wyndham combo, a good 'dirty' hostel company, and Memorial Day travel in the U.S.

The Wyndham-Choice Merger Skeptics

Short-Term Rentals

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

a&o is part of the hospitality industry that honors refuse, repurpose, reduce as the new slogan in achieving its net-zero goal. And giving new life to old buildings on the way.

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

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