Global Hostel Market Size & Outlook, 2024-2030

The hostel industry worldwide is expected to reach a projected revenue of US$ 11,044.9 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide hostel industry from 2025 to 2030.
Revenue, 2024 (US$M)
$7,565.5
Forecast, 2030 (US$M)
$11,044.9
CAGR, 2025 - 2030
6.5%
Report Coverage
Worldwide

Global hostel market, 2018-2030 (US$M)

Global hostel market highlights

  • The global hostel market generated a revenue of USD 7,565.5 million in 2024 and is expected to reach USD 11,044.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.5% by 2030.
  • In terms of segment, dormitory rooms accounted for a revenue of USD 7,565.5 million in 2024.
  • Dormitory Rooms is the most lucrative accommodation type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 7,565.5 million
Market revenue in 2030USD 11,044.9 million
Growth rate6.5% (CAGR from 2024 to 2030)
Largest segmentDormitory rooms
Fastest growing segmentDormitory Rooms
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDormitory Rooms

Other key industry trends

  • In terms of revenue, the North America accounted for 19.4% of the global hostel market in 2024.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Hostel Market Scope

Hostel market segmentation & scope
Private Rooms
Family Rooms
Others
Guest Type
Backpackers and Solo Travelers
Students and Interns
Families
Business Travelers
Others
Booking Mode
Direct Booking
Travel Agents & Online Travel Agencies (OTAs)
Marketplace Booking

Hostel Market Companies

Name Profile # Employees HQ Website

Global hostel market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hostel market will help companies and investors design strategic landscapes.


Dormitory rooms was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global hostel market based on dormitory rooms covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Hostel Accommodation Type Outlook (Revenue, USD Million, 2018-2030)
    • Dormitory Rooms
    • Private Rooms
    • Family Rooms
    • Others
  • Global Hostel Guest Type Outlook (Revenue, USD Million, 2018-2030)
    • Backpackers and Solo Travelers
    • Students and Interns
    • Families
    • Business Travelers
    • Others
  • Global Hostel Booking Mode Outlook (Revenue, USD Million, 2018-2030)
    • Direct Booking
    • Travel Agents & Online Travel Agencies (OTAs)
    • Marketplace Booking

Reasons to subscribe to Global hostel market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global hostel market databook

  • Our clientele includes a mix of hostel market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global hostel market , including forecasts for subscribers. This global databook contains high-level insights into Global hostel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global hostel market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more