Hostels Market 2022: Growth, Size, Opportunities, Leading Company Analysis, Share, Trends, Regional Overview And Forecast To 2031

The global hostels market size is expected grow from $364.32 billion in 2021 to $451.99 billion in 2022 at a compound annual growth rate (CAGR) of 24.1%. The growth in the hostels market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hostels market is expected to reach $840.27 billion in 2026 at a CAGR of 16.8%.

The Business Research Company offers the Hostels Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The global hostels market size is expected grow from $364.32 billion in 2021 to $451.99 billion in 2022 at a compound annual growth rate (CAGR) of 24.1%. The growth in the hostels market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hostels market is expected to reach $840.27 billion in 2026 at a CAGR of 16.8%.

Some key hostels market players are Hostelworld, Hostelling International, Green Tortoise Hostel; London Backpackers, Newquay Backpackers, Canada Hostels, WOKSEN, Cloudbeds, A&O Hotels and Hostels, OPERA Property Management System (PMS), Hotelogix PMS, Maestro PMS, MSI CloudPM, Frontdesk Anywhere, Rezlynx PMS, RoomMaster, Safestay plc and eZee Frontdesk.

The countries covered in the global hostels market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global hostels market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Hostels Market Segmentation:
By Type
1. Students
2. Workers
By Price Point
1. Economy
2. Mid-Range
3. Luxury

By Mode of Booking
1. Online Bookings
2. Direct Bookings

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The Report's Table Of Contents includes
1. Executive Summary
2. Hostels Market Characteristics
3. Hostels Market Trends And Strategies
4. Impact Of COVID-19 On Hostels
5. Hostels Market Size And Growth
.....
26. Africa Hostels Market
27. Hostels Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hostels Market
29. Hostels Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the hostels market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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