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‘Poshtels’ Gaining Popularity among Stylish and Budget-conscious Travellers
There is another type of accommodation, after luxury, budget and short-term rental apartments, which is making its way into the hotel market, and that is the “poshtel”, EuroNews reads. As indicated by...
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Deal agreed for Booking.com to power WAYN property search
Social network and travel community WAYN (Where Are You Now?) is forging a strategic partnership with Booking.com. The deal will enable WAYN to offer an accommodation search service for its 22.7...
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Generator Hostels gets €60m from Invesco for expansion
Patron Capital has sold a 23% stake in cheap accommodation provider Generator Hostels to Invesco in exchange for €60m of growth capital. The fresh capital will be used to develop Generator properties...
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Brehon Capital buys Jacobs Inn hostel in Dublin for €7m
Investment group Brehon Capital has added to its investment portfolio in Ireland by acquiring the 420-bed Jacobs Inn hostel in central Dublin for about €7 million. The Irish Times has learned that...
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Google ditches local carousel results for US hotels
Google is ditching its carousel integration for the hotel vertical in favour of a new (more profitable) ‘three-pack’ SERP rendering and some new secondary page experiences. What does this mean for...
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Tnooz: Expedia adds its first hostel
The digital superhighway is finally reaching hostels in the United States. Yesterday, Expedia brand websites quietly added hostels, RV parks, and campgrounds as specialty categories of lodging to the...
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Infographic: What you should know about the millennial as traveller
You don’t have to look far to see that millennials are getting plenty of media attention lately, but what kind of travellers are they? Do you know which millennials are most motivated to help people as...
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Skift: Amazon to Get Into Hotel Booking With Launch of Travel Site
The e-commerce giant is planning a hotel-booking service, according to a report from Skift. Amazon.com is poised to launch its own travel service, featuring booking at independent hotels and resorts...
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The Freehand set to open several hostels
The Freehand Hostel Chicago is set to open in spring 2015. It is the second hostel Sydell is developing under the Freehand brand; the Freehand Miami was the first. Several more, including one under...
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Brehon Capital Partners says it’s business as usual for Jacobs Inn
Brehon Capital Partners has announced that it has completed the acquisition of STAY WYSE member Jacobs Inn, a 420-bed hostel in central Dublin that has been operating successfully since 1997. Jacobs...
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