Global Hostel Market Size & Outlook, 2024-2030
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 2024 | USD 7,565.5 million |
| Market revenue in 2030 | USD 11,044.9 million |
| Growth rate | 6.5% (CAGR from 2024 to 2030) |
| Largest segment | Dormitory rooms |
| Fastest growing segment | Dormitory Rooms |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dormitory Rooms |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global hostel market in 2024.
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Hostel Market Scope
Hostel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Selina | View profile | 1001-5000 | London, England, United Kingdom, Europe | https://www.selina.com |
| Youth Hostel Association | View profile | 501-1000 | Matlock, Derbyshire, United Kingdom, Europe | https://www.yha.org.uk/ |
| Safestay | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.safestay.com/ |
| Meininger Hotels | View profile | 501-1000 | Berlin, Berlin, Germany, Europe | https://www.meininger-hotels.com |
| St Christopher’s Inns | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.st-christophers.co.uk/ |
| Generator Hostel | View profile | 501-1000 | London, England, United Kingdom, Europe | https://staygenerator.com |
| A&O Hotels and Hostels | View profile | 1001-5000 | Berlin, Berlin, Germany, Europe | https://www.aohostels.com/en/ |
| Hostelling International | View profile | 5001-10000 | London, England, United Kingdom, Europe | https://www.hihostels.com |
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
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Target buyers of Global hostel market databook
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Our clientele includes a mix of hostel market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
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Global hostel market size, by regions, 2018-2030 (US$M)
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