The tourism sector agrees that the growing interest shown towards hostels from clients, investors and hotel operators highlight the potential of this accommodation typology.
But is this interest justified? Are these products profitable and attractive to investors? Do they have a solid guest base or is it a matter of a “millennial trend” that could make the product obsolete in a few years?
Christie & Co publishes for the first time a report about the hostel market in Spain and Portugal to answer these questions which could affect both future investment in this segment and the development of hotel chains within this sector.
To read the report, click here