Hostels Global Market 2022 Opportunities and Strategies to 2031 Including: By Price Point: (Economy; Mid-Range; Luxury); By Type: (Students; Workers); By Booking: Online Bookings; Direct Bookings
- Report ID: 43280
- Date: Sep, 2022
- Pages: 216
- Category: BFSI
Hostels global market opportunities and strategies to 2031 from Altus Market Research provides the strategists; marketers and senior management with the critical information they need to assess the global hostels market as it emerges from the COVID-19 shut down.
This report describes and explains the hostels market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The global hostels market reached a value of nearly $5,741.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 1.5% since 2016. The market is expected to grow from $5,741.3 million in 2021 to $7,278.7 million in 2026 at a rate of 4.9%. The market is then expected to grow at a CAGR of 5.5% from 2026 and reach $9,502.8 million in 2031.
Growth in the historic period resulted from strong economic growth in emerging markets, growth in world population, a rise in disposable income, acceptance of solo travel and an increase in paid leaves globally.
Going forward, millennial travelers, rising spend on leisure, shift in travel trends, the resurgence of staycations, government initiatives, increasing internet penetration and smartphone usage and an increase in budget-conscious travelers will drive the growth. Factors that could hinder the growth of the hostels market in the future include communal lodging Issues and the Russian-Ukrainian war.
The hostels market is segmented by type into students, workers and other types. The students market was the largest segment of the hostels market segmented by type, accounting for 79.1% of the total in 2021. Going forward, the workers market is expected to be the fastest growing segment in the hostels market segmented by type, at a CAGR of 5.2% during 2021-2026.
The hostels market is segmented by price point into economy, mid-range and luxury. The economy market was the largest segment of the hostels market segmented by price point, accounting for 50.3% of the total in 2021. Going forward, the luxury market is expected to be the fastest growing segment in the hostels market segmented by price point, at a CAGR of 5.4% during 2021-2026.
The hostels market is segmented mode of booking into online bookings, direct bookings and other booking modes. The other booking modes market was the largest segment of the hostels market segmented by mode of booking, accounting for 48.6% of the total in 2021. Going forward, the online bookings market is expected to be the fastest growing segment in the hostels market segmented by mode of booking, at a CAGR of 5.7% during 2021-2026.
Asia-Pacific was the largest region in the hostels market, accounting for 36.9% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the hostels market will be Africa, and, Middle East where growth will be at CAGRs of 7.7% and 6.6% respectively. These will be followed by South America, and, Western Europe, where the markets are expected to grow at CAGRs of 6.4% and 5.4% respectively.
The hostels market is highly fragmented, with a large number players in the market. The top ten competitors in the market made up to 2.06% of the total market in 2021. The hostels market is highly competitive due to presence of small and local players operating in local geographies in the market. A&O Hotels and Hostels was the largest competitor with 0.50% share of the market, followed by Che Lagarto with 0.47%, St Christopher’s Inns with 0.29%, Vietnam Backpacker Hostels with 0.19%, Loki Hostels with 0.13%, goSTOPS with 0.12%, Mad Monkey Hostels with 0.12%, Bohemian Hostels with 0.10%, Hostelling International Canada with 0.09%, and Safestay Plc Holding S.L. with 0.06%.
The top opportunities in the hostels market segmented by type will arise in the students segment, which will gain $1,194.2 million of global annual sales by 2026. The top opportunities in segment by price point will arise in the economy segment, which will gain $697.7 million of global annual sales by 2026. The top opportunities in segment by mode of booking will arise in the direct bookings segment, which will gain $719.3 million of global annual sales by 2026. The hostels market size will gain the most in the USA at $299.6 million.
Market-trend-based strategies for the hostels market include focusing on hybrid hostels, focusing on eco-friendly hostel pattern, focusing on yoga hostels providing health benefits, leveraging digital technology in their hotel management systems and adopting artificial intelligence technology for higher engagement.
Player-adopted strategies in the hostels market include focus on strategic acquisitions to expand hostel business and focus on strengthening business through expansions.
To take advantage of the opportunities, Altus Market Research recommends the hostels companies to focus on hybrid hostels, invest in eco-friendly hostels, introduce innovative hostel concepts, expand in emerging markets, provide competitively priced offerings, leverage social media, use artificial intelligence (AI) to increase customer engagement and increase focus on online consumers.
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Description:
Where is the largest and fastest-growing market for hostels? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The hostels market global report from Altus Market Research answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecast market growth by geography. It places the market within the context of the wider hostels market; and compares it with other markets.
The report covers the following chapters
Introduction And Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the hostels market.
Key Trends - Highlights the major trends shaping the global hostels market. This section also highlights likely future developments in the market.
Global Market Size And Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region.
Market Segmentation - Contains the market values (2016-2031) and analysis for for segment by type, by price point and by mode of booking in the market.
Regional Market Size And Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
goSTOPS
Mad Monkey Hostels
Bohemian Hostels
Hostelling International Canada
Safestay Plc
Beijing Downtown Travelotel
11 Youth Hostel
Hop Inn
Kunming Cloudland Youth Hostel
Lijiang Garden Inn
Chengdu Dragon Town Sichuan Style Hostel
The Hostel Crowd
International Youth Hostels (YHAI)
Vedanta Wake Up
GoStops
Moustache
Pappi Chulo
The Hosteller
Nomads
Backpacker Panda
Generator Hostels
Hostel One
Plus Hostels
Wombat’s Hostels
Clink Hostels
MEININGER Hotels
Safestay
Combo Hostels
YHA England & Wales
Toc Hostel & Suites
Freehand Hotels
Hostelling International
Green Tortoise Hostel
Canada Hostels
WOKSEN
Cloudbeds
OPERA Property Management System (PMS)
Hotelogix PMS
Wild Rover
Viajero
Posadas Group
Gaviota
Atlantica
HomeStar - Jumeirah Beach
Grand Pearl Hostel for Boys
Mix
Rodamon Hostel
Sundance Hostel
Dar Surf Hostel
high garden hostels (Nigeria)
New Teddy Hostel
elmenus
Pakachere Backpackers Lodge
Hotels. Ng
Azalaï HotelsTented Adventures
The BIG Backpackers
Key Mergers And Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations - Includes recommendations for hostels providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
Appendix - This section includes details on the NAICS codes covered, abbreviations, and currencies codes used in this report.
Scope
Markets Covered:
1) By Price Point: Economy; Mid-Range; Luxury
2) By Type: Students; Workers; Other Types
3) By Booking: Online Bookings; Direct Bookings; Other Booking Modes
Companies Mentioned: A&O Hotels and Hostels; Che Lagarto; St Christopher’s Inns; Vietnam Backpacker Hostels; Loki Hostels
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; hostels indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Hostels Market Definition and Segmentations
6.4. Market Segmentation by Type
6.4.1. Students
6.4.2. Workers
6.4.3. Other Types
6.5. Market Segmentation by Price Point
6.5.1. Economy
6.5.2. Mid-Range
6.5.3. Luxury
6.6. Market Segmentation by Mode of Booking
6.6.1. Online Bookings
6.6.2. Direct Bookings
6.6.3. Other Booking Modes
7. Major Market Trends
7.1. Hybrid Hostels
7.2. Eco-Friendly Hostels
7.3. Yoga Hostels
7.4. Introduction of Innovative Hostels
7.5. Shift towards Digital Tools
7.6. Technological Advancements
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2016 – 2021, Value ($ Million)
8.2.1. Market Drivers 2016 – 2021
8.2.2. Market Restraints 2016 – 2021
8.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
8.3.1. Market Drivers 2021 – 2026
8.3.2. Market Restraints 2021 – 2026
9. Global Hostels Market Segmentation
9.1. Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
9.2. Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
9.3. Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
10. Hostels Market, Regional and Country Analysis
10.1. Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
10.2. Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11. Asia-Pacific Market
11.1.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.4. Asia-Pacific Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.5. Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.6. Asia-Pacific Hostels Market: Country Analysis
11.7. China Market
11.7.1. Summary
11.8. Market Overview
11.8.1. Country Information
11.8.2. Market Information
11.8.3. Background Information
11.8.4. Government Initiatives
11.8.5. Regulations
11.8.6. Regulatory Bodies
11.8.7. Major Associations
11.8.8. Corporate Tax Structure
11.8.9. Taxes Levied
11.8.10. Major Companies
11.9. China Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.10. China Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.11. China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.12. India Market
11.13. India Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.14. India Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.15. India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.16. Japan Market
11.17. Japan Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.18. Japan Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.19. Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.20. Australia Market
11.21. Australia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.22. Australia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.23. Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.24. Indonesia Market
11.25. Indonesia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.26. Indonesia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.27. Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.28. South Korea Market
11.29. South Korea Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
11.30. South Korea Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
11.31. South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12. Western Europe Market
12.1.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
12.4. Western Europe Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
12.5. Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12.6. Western Europe Hostels Market: Country Analysis
12.7. UK Market
12.8. UK Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
12.9. UK Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
12.10. UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12.11. Germany Market
12.12. Germany Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
12.13. Germany Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
12.14. Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12.15. France Market
12.16. France Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
12.17. France Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
12.18. France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13. Eastern Europe Market
13.1.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.4. Eastern Europe Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.5. Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.6. Eastern Europe Hostels Market: Country Analysis
13.7. Russia Market
13.8. Russia Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.9. Russia Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.10. Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14. North America Market
14.1.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.4. North America Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.5. North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14.6. North America Hostels Market: Country Analysis
14.7. USA Market
14.7.1. Summary
14.8. Market Overview
14.8.1. Country Information
14.8.2. Market Information
14.8.3. Background Information
14.8.4. Government Initiatives
14.8.5. Regulations
14.8.6. Regulatory bodies
14.8.7. Major Associations
14.8.8. Taxes Levied
14.8.9. Corporate Tax Structure
14.8.10. Investments
14.8.11. Major Companies
14.9. USA Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.10. USA Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.11. USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
15. South America Market
15.1.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
15.4. South America Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
15.5. South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
15.6. South America Hostels Market: Country Analysis
15.7. Brazil Market
15.8. Brazil Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
15.9. Brazil Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
15.10. Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
16. Middle East Market
16.1.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulatory Bodies
16.2.6. Association
16.2.7. Corporate Tax Structure
16.2.8. Investments
16.2.9. Major Companies
16.3. Middle East Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
16.4. Middle East Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
16.5. Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
17. Africa Market
17.1.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Association
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Hostels Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
17.4. Africa Hostels Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
17.5. Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
18. Competitive Landscape and Company Profiles
19. Company Profiles
19.1. A&O Hotels and Hostels
19.1.1. Company Overview
19.1.2. Products and Services.
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. Che Lagarto
19.2.1. Company Overview
19.2.2. Products and Services.
19.2.3. Financial Overview
19.3. St Christopher’s Inns
19.3.1. Company Overview
19.3.2. Products and Services.
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. Vietnam Backpacker Hostels
19.4.1. Company Overview
19.4.2. Products and Services
19.4.3. Financial Overview
19.5. Loki Hostels
19.5.1. Company Overview
19.5.2. Products and Services
19.5.3. Financial Overview
20. Key Mergers and Acquisitions
20.1. Room007 Acquired Blusock Hostels
20.2. Slumber Party Hostels Acquired Bodega Hostels
20.3. BlackRock European Hostel JV Acquired CoDE Pod Hostels
20.4. Clink Hostels Acquired Ecomama And Cocomama Hostel Chain
20.5. Safestay Acquired AthenStyle Hostel
20.6. Safestay Acquired Three Hostels from Dreamgroup Management E.C.P. Ltd
21. Global Hostels Market Opportunities And Strategies
21.1. Global Hostels Market In 2026 – Countries Offering Most New Opportunities
21.2. Global Hostels Market In 2026 – Segments Offering Most New Opportunities
21.3. Global Hostels Market In 2026 – Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies
22. Hostels Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. The Business Research Company
23.5. Copyright and Disclaimer
List of Tables
Table 1: Global Hostels Market, Historic, 2016 – 2021, $ Million
Table 2: Global Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 3: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 4: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 5: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 6: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 7: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 8: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 9: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
Table 10: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 11: Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
Table 12: Global Hostels Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 13: Asia-Pacific GDP Per Capita, By Country, 2016-2021, $
Table 14: Asia-Pacific Population By Age Group, By Country, 2016-2026, Thousands
Table 15: Asia-Pacific Hospitality Market, 2016-2026, $Billion
Table 16: Asia-Pacific Hostels Market, Historic, 2016 – 2021, $ Million
Table 17: Asia-Pacific Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 18: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 19: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 20: China GDP Per Capita, 2016-2021, $
Table 21: China Population By Age Group, 2016-2026, Thousands
Table 22: China Hospitality Market, 2016-2026, $Billion
Table 23: China Hostels Market, Historic, 2016 – 2021, $ Million
Table 24: China Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 25: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 26: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 27: India Hostels Market, Historic, 2016 – 2021, $ Million
Table 28: India Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 29: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 30: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 31: Japan Hostels Market, Historic, 2016 – 2021, $ Million
Table 32: Japan Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 33: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 34: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 35: Australia Hostels Market, Historic, 2016 – 2021, $ Million
Table 36: Australia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 37: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 38: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 39: Indonesia Hostels Market, Historic, 2016 – 2021, $ Million
Table 40: Indonesia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 41: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 42: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 43: South Korea Hostels Market, Historic, 2016 – 2021, $ Million
Table 44: South Korea Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 45: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 46: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 47: Western Europe GDP Per Capita, By Country, 2016-2021, $
Table 48: Western Europe Population By Age Group, By Country, 2016-2026, Thousands
Table 49: Western Europe Hospitality Market, 2016-2026, $Billion
Table 50: Western Europe Hostels Market, Historic, 2016 – 2021, $ Million
Table 51: Western Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 52: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 53: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 54: UK Hostels Market, Historic, 2016 – 2021, $ Million
Table 55: UK Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 56: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 57: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 58: Germany Hostels Market, Historic, 2016 – 2021, $ Million
Table 59: Germany Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 60: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 61: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 62: France Hostels Market, Historic, 2016 – 2021, $ Million
Table 63: France Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 64: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 65: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 66: Eastern Europe GDP Per Capita, By Country, 2016-2021, $
Table 67: Eastern Europe Population By Age Group, By Country, 2016-2026, Thousands
Table 68: Eastern Europe Hospitality Market, 2016-2026, $Billion
Table 69: Eastern Europe Hostels Market, Historic, 2016 – 2021, $ Million
Table 70: Eastern Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 71: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 72: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 73: Russia Hostels Market, Historic, 2016 – 2021, $ Million
Table 74: Russia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 75: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 76: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 77: North America GDP Per Capita, By Country, 2016-2021, $
Table 78: North America Population By Age Group, By Country, 2016-2026, Thousands
Table 79: North America Hospitality Market, 2016-2026, $Billion
Table 80: North America Hostels Market, Historic, 2016 – 2021, $ Million
Table 81: North America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 82: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 83: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 84: USA GDP Per Capita, 2016-2021, $
Table 85: USA Population By Age Group, 2016-2026, Thousands
Table 86: USA Hospitality Market, 2016-2026, $Billion
Table 87: USA Hostels Market, Historic, 2016 – 2021, $ Million
Table 88: USA Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 89: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 90: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 91: South America GDP Per Capita, By Country, 2016-2021, $
Table 92: South America Population By Age Group, By Country, 2016-2026, Thousands
Table 93: South America Hospitality Market, 2016-2026, $Billion
Table 94: South America Hostels Market, Historic, 2016 – 2021, $ Million
Table 95: South America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 96: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 97: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 98: Brazil Hostels Market, Historic, 2016 – 2021, $ Million
Table 99: Brazil Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 100: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 101: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 102: Middle East GDP Per Capita, By Country, 2016-2021, $
Table 103: Middle East Population By Age Group, By Country, 2016-2026, Thousands
Table 104: Middle East Hospitality Market, 2016-2026, $Billion
Table 105: Middle East Hostels Market, Historic, 2016 – 2021, $ Million
Table 106: Middle East Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 107: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 108: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 109: Africa GDP Per Capita, By Country, 2016-2021, $
Table 110: Africa Population By Age Group, By Country, 2016-2026, Thousands
Table 111: Africa Hospitality Market, 2016-2026, $Billion
Table 112: Africa Hostels Market, Historic, 2016 – 2021, $ Million
Table 113: Africa Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 114: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 115: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 116: Global Hostels Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
Table 117: Global Hostels Market Size Gain ($ Million), 2021 – 2026, By Country
Table 118: Global Hostels Market Size Gain ($ Million), Segmentation By Type, 2021 – 2026
Table 119: Global Hostels Market Size Gain ($ Million), Segmentation By Price Point, 2021 – 2026
Table 120: Global Hostels Market Size Gain ($ Million), Segmentation By Mode of Booking, 2021 – 2026
Table 121: Hostels Market Data Sources
List of Figures
Figure 1: Geographic Regions Covered
Figure 2: Global Hostels Market Segmentation By Type
Figure 3: Global Hostels Market Segmentation By Price Point
Figure 4: Global Hostels Market Segmentation By Mode of Booking
Figure 5: Global Hostels Market, Historic, 2016 – 2021, $ Million
Figure 6: Global Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 7: Global Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 8: Global Hostels Market, Segmentation By Price Point, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 9: Global Hostels Market, Segmentation By Mode of Booking, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 10: Global Hostels Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 12: Asia-Pacific Hostels Market, Historic, 2016 – 2021, $ Million
Figure 13: Asia-Pacific Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 14: Asia-Pacific Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 15: China Hostels Market, Historic, 2016 – 2021, $ Million
Figure 16: China Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 17: China Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 18: India Hostels Market, Historic, 2016 – 2021, $ Million
Figure 19: India Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 20: India Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 21: Japan Hostels Market, Historic, 2016 – 2021, $ Million
Figure 22: Japan Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 23: Japan Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 24: Australia Hostels Market, Historic, 2016 – 2021, $ Million
Figure 25: Australia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 26: Australia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 27: Indonesia Hostels Market, Historic, 2016 – 2021, $ Million
Figure 28: Indonesia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 29: Indonesia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 30: South Korea Hostels Market, Historic, 2016 – 2021, $ Million
Figure 31: South Korea Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 32: South Korea Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 33: Western Europe Hostels Market, Historic, 2016 – 2021, $ Million
Figure 34: Western Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 35: Western Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 36: UK Hostels Market, Historic, 2016 – 2021, $ Million
Figure 37: UK Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 38: UK Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 39: Germany Hostels Market, Historic, 2016 – 2021, $ Million
Figure 40: Germany Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 41: Germany Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 42: France Hostels Market, Historic, 2016 – 2021, $ Million
Figure 43: France Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 44: France Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 45: Eastern Europe Hostels Market, Historic, 2016 – 2021, $ Million
Figure 46: Eastern Europe Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 47: Eastern Europe Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 48: Russia Hostels Market, Historic, 2016 – 2021, $ Million
Figure 49: Russia Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 50: Russia Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 51: North America Hostels Market, Historic, 2016 – 2021, $ Million
Figure 52: North America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 53: North America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 54: USA Hostels Market, Historic, 2016 – 2021, $ Million
Figure 55: USA Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 56: USA Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 57: South America Hostels Market, Historic, 2016 – 2021, $ Million
Figure 58: South America Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 59: South America Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 60: Brazil Hostels Market, Historic, 2016 – 2021, $ Million
Figure 61: Brazil Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 62: Brazil Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 63: Middle East Hostels Market, Historic, 2016 – 2021, $ Million
Figure 64: Middle East Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 65: Middle East Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 66: Africa Hostels Market, Historic, 2016 – 2021, $ Million
Figure 67: Africa Hostels Market, Forecast, 2021 – 2026, 2031F, $ Million
Figure 68: Africa Hostels Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Figure 69: Global Hostels Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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