Asia Pacific Hostel Market Size & Outlook, 2024-2030

The hostel market in Asia Pacific is expected to reach a projected revenue of US$ 3,518.8 million by 2030. A compound annual growth rate of 7.9% is expected of Asia Pacific hostel market from 2025 to 2030.
Revenue, 2024 (US$M)
$2,230.2
Forecast, 2030 (US$M)
$3,518.8
CAGR, 2025 - 2030
7.9%
Report Coverage
Asia Pacific

Asia Pacific hostel market, 2018-2030 (US$M)

Asia
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Asia Pacific hostel market highlights

  • The Asia Pacific hostel market generated a revenue of USD 2,230.2 million in 2024.
  • The market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
  • In terms of segment, dormitory rooms was the largest revenue generating accommodation type in 2024.
  • Dormitory Rooms is the most lucrative accommodation type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2024USD 2,230.2 million
Market revenue in 2030USD 3,518.8 million
Growth rate7.9% (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
Key market players worldwideHostelling International, A&O Hotels and Hostels, Generator Hostel, St Christopher’s Inns, Meininger Hotels, Safestay, Youth Hostel Association


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 29.5% of the global hostel market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,518.8 million by 2030.

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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

Asia Pacific 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 Asia Pacific hostel market based on dormitory rooms covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific hostel market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hostel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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