Opportunities in the hostel market have evolved through a number of stages i.e. Lucintel has found the future of this market to be promising; the hostel market is expected to reach $XX billion by 2027 with a CAGR of 10% to 12%. In this market, student is expected to remain the largest type. Players can benefit from the available opportunities like rising spending on travel and rising number of institutions.
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Hostelworld, Hostelling International, Green Tortoise Hostel, London Backpackers, Newquay Backpackers, Canada Hostels, WOKSEN, Cloudbeds, A&O Hotels and Hostels, OPERA Property Management System (PMS), Hotelogix PMS, Maestro PMS, MSI CloudPM, Frontdesk Anywhere, Rezlynx PMS, RoomMaster, Safestay plc, eZee Frontdesk are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates: Hostel market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation analysis: Hostel market size by type, price point, mode of booking, and implementation in terms of value and volume shipment.
- Regional analysis: Hostel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different type, price point, mode of booking, implementation, and regions of hostel in the hostel market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of hostel in the hostel market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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