Hostel Market Outlook 2023 to 2033

The hostel market size is estimated to be USD 4.6 billion in 2023. The market is projected to reach USD 12.1 billion by 2033, at a CAGR of 10.20% from 2023 to 2033.

Attribute Details
Estimated Hostel Market Size in 2023 USD 4.6 billion
Projected Hostel (2033) Market Size USD 12.1 billion
Value CAGR (2023 to 2033) 10.20%

2018 to 2022 Global Hostel Market Outlook Compared to 2023 to 2033 Forecast

Hostels are considered one of the most inexpensive and convenient places to stay. Traditionally, hostels used to be dorm-style small and budget accommodations with basic amenities commonly known as dormitory hostels. But in the modern era, the new hostels are luxurious, with advanced amenities, and designed in an artistic way to attract youths.

The new age of hostels provides social space, safety features, and many other services. There are possibilities that travelers may find much cheaper stays as alternatives, but the hostel industry is undergoing many changes in the hospitality industry. Hostel developers are introducing many modern technologies to upgrade their infrastructure to suit the current environment and make their service process more convenient.

Travel Trends, Education Development, and Increasing Service Opportunities to Result in the growth of the Hostel market

Rising trends of traveling to exotic places, trekking, hiking, and other outdoor activities have increased opportunities for accommodation providers in the tourism industry. Other than this, with more development in the education and service sectors, people travel to various places for conditional reasons.

As people travel from one place to another, the first and most important thing they search for is an inexpensive accommodation mode. Hence, it can be concluded that the temporary migration of people for conditional purposes or leisure has resulted in the growth of the hostel market. Hostels are comfortable for short-term as well as long-term stays.

Nowadays, hostels provide Wi-Fi, breakfast, transport facilities, privacy, a social area, spacious private rooms, sharing rooms, a lounge, kitchen facilities, and various other facilities along with a basic stay. Meanwhile, social media has its impact, especially on youth. This all results in the growth of the hostel industry.

The New Face of Hostels and Initiatives of Hostel Owners to Drive the Hostel Market

Many hostel owners have realized that the visual appeal of the hostel is one of the key factors in attracting a huge number of travelers. Therefore, the hostel owners are renovating their traditional infrastructure with new, advanced ones.

The owners are improving the infrastructure and communication to target a massive audience. The hostel owners create attractive websites by using 3D tools or by creating a visual tour on the website displaying the view of the hostel rooms and the experiences of others.

Many hostel owners use multiple strategies, such as building a themed hostel or an eco-friendly hostel, combining both, and making eco-friendly themed hostels. Example. Urban Garden Hostel in Lisbon, Portugal, promotes an extensive recycling program and uses recycled material, energy-efficient light bulbs, other electrical appliances, reusable items, etc.

They promote garden events and conduct various activities related to environmental sustainability. Hence, such activities and initiatives from hostel owners may result in the growth of the hostel market.

The Rise in Solo Travelers Results in the Growth of the Hostel Market

There has been a significant rise in solo travelers in the last few years. The increasing growth of solo travelers has resulted in the growth of the hostel market. Solo travelers search for low-value, experienced-based accommodations that offer good value for money, a convenient place, and the opportunity to meet other travelers.

Therefore, travelers opt for hostels. The rise in video bloggers, the increasing trend of digital tourism, dark tourism, eco-tourism, and the increasing participation of people in recreational activities such as hiking, diving, cycling, skiing, etc., are all trends influencing travelers, especially solo travelers, to explore. Hence, the rise in solo travelers has resulted in the growth of the hostel market.

Country-wise Insights

How is the Hostel Market Progressing in the United States of America?

Rise in Admission for Educational Institutes Boosts the Hostel Market in the United States of America

Every year, millions of students travel to the United States from different parts of the world to qualify for educational institutions and to work in the United States. There are various top and well-known institutes in the United States, such as Princeton University, Harvard University, and Yale University.

They get many applications from international students every year due to their quality of education. Hence, students traveling to the United States mainly opt for hostels for their accommodation. Various institutions provide hostel services as part of their institutions. Hence, we can conclude that student hostels in the United States generate a higher demand for the hostel market.

What is Driving the Hostel Market in India?

The Rise in Growth of International Travelers Results in an Increase in Demand for the Hostels

India is a country with a vast culture and diversity. People travel from various parts of the world to study the culture and religion of India. Over the past decade, there has been a continuous rise in international travelers traveling to India, especially from the United States of America and Other parts of Asia. Certain travelers travel to India for medical therapy, such as Ayurveda and other medical surgeries.

As international travelers travel from one place to another, they prefer staying in hostels because they find them affordable. Also, according to them, the hostel environment helps them connect with localities more efficiently. The hostile environment makes them feel connected and allows them to experience the taste of India. Thus, it generates market opportunities in the hostel market.

Category-wise Insights

Which Tour Type is Preferred for the Hostel?

Group Trips, Student Trips, and Individual Travelers Prefer the Hostel

According to the analysis, in terms of tour type, the hostel is mostly preferred by group trips, student trips, and corporate travelers. The hostel offers sharing facilities called sharing rooms, and group travelers mainly like to accommodate all of them in one room. It is more likely because the hostel rooms are spacious and allot one bed to each member's group trip. Other than this, it is cheaper as compared to booking two different rooms in a hotel.

For corporate travelers and student trips, it is necessary to have a well-connected transport facility and possibly be close to the city to make it convenient for them to travel for work. Hence, most of the hostels are located near a connected public transport station or near the city, corporate hubs, or an educational institute. Other than this, some of the hostels provide complimentary travel services. Therefore, this set of tourists has a high demand for hostels.

Which Age Group is More Likely to Prefer Hostels?

Travelers from the Millennial and Young Age Groups Will Increase Significantly in the Hostel Market

In terms of age group, the number of tourists in the age groups of 15 to 25 years and 26 to 35 years is expected to rise significantly. A specific age group enjoys exploring new places and traveling. Other than this, the environment and amenities in the hostel attract millennials and youth. Therefore, the hostel owners try to load their hostels creatively with various other services.

For example, Los Patios, the stylish hostel in Colombia, has themed floors inspired by Colombia's environment, such as mountains, jungles, and the sea. The hostel offers amenities like a co-working space, a gym, rooftop bars, an organic garden, a community kitchen, etc. Each dorm has privacy curtains, and the private rooms are as good and comfortable as hotels. The hostel also offers parties, happy hours, various events, salsa classes, street art tours, and bike rentals.

All these amenities and services attract youths to participate, resulting in high demand for hostels from the above age group.

Which Booking Channel is Used by Travelers in the hostel market?

Online Booking is Generally More Preferred by The Tourist for its Feasibility and Wide Range of Availability of Hostel Rooms.

Online booking is more popular than in-person booking to make reservations. Travelers are drawn to explore the service offerings in depth on hostels modernized websites, such as the variety of facilities, ease of access to other verticals and categories of hostels, and additional services such as offers on tours, trips, and events.

Meanwhile, the other third-party travel and accommodation aggregator applications offer price details, comparisons of services, reviews, etc. Lastly, online bookings offer feasibility, an easy process of selection and transaction, a wide range of payment options, a wide range of selections in one place, and bank offers and discounts that result in more demand for online booking of hostels.

Competitive Landscape

Leading players are operating globally in the market and focusing on expanding their businesses. They are also working on their service and infrastructure to attract new customers.

For instance:

  • Recently, in 2022, Hostelworld.com Limited launched Solo, a social feature that allows opt-in travelers to connect and meet in real life. The application feature lets you chat with travelers visiting the same location once the booking is made. The app also classifies travelers into groups as per their interests and preferences.

Report Coverage for Hostel Market

Report Attributes Details
Current Total Market Size (2023) USD 4.6 billion
Projected Market Size (2033) USD 12.1 billion
Overall Market CAGR (2023 to 2033) 10.20%
Base Year for Estimation 2022
Historical Period 2018 to 2022
Projections Period 2023 to 2033
Analysis Parameter Revenue in USD billion
By Accommodation Type Private Room, Twin Sharing, Family Room, Suite, and Others
By Booking Channel Online and in-person
By Tourist Type Domestic and International
By Tour Type Independent Traveller, Group Trip, Family Trip, Student Trip, and Corporate Traveller
By Consumer Orientation Men, Women, and Children
By Age Group 15-25 Years, 26-35 Years, 36-45 Years, and 46-55 Years
By Regions North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East and Africa
Countries Covered United States, Japan, Germany, India, United Kingdom, France, Italy, Brazil, Canada, South Korea, Australia, Spain, Netherlands, Saudi Arabia, Switzerland
Key Players eZee Frontdesk, Hostelworld, Safestay plc, Room Master, Hostelling International, Green Tortoise Hostel, London Backpackers, Newquay Backpackers, Canada Hostels, WOKSEN, A&O s and Hostels, Travellers House, Generator Hostels, Wombats City Hostel, Greg and Tom Hostel, La Banda Rooftop Hostel, Ecomama, Alter Hostel, and Urban Garden Hostel.
Additional Attributes Dollar sales by value, market share analysis by region, country-wise analysis
Customization and Pricing Available upon request

Global Hostel Market by Category

By Accommodation Type:

  • Private Room
  • Twin Sharing
  • Family Room
  • Suite
  • Others

By Booking Channel:

  • Online Booking
  • In-person booking

By Tourist Type:

  • Domestic
  • International

By Tour Type:

  • Independent Traveler
  • Group Trip
  • Family trip
  • Student trip
  • Corporate Traveller

By Consumer Orientation:

  • Men
  • Women
  • Children

By Age Group:

  • 15 to 25 Years
  • 26 to 35 Years
  • 36 to 45 Years
  • 46 to 55 Years

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Accommodation Type
    • 5.1. Private Room
    • 5.2. Twin Sharing
    • 5.3. Family Room
    • 5.4. Suite
    • 5.5. Others
  • 6. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Booking Channel
    • 6.1. Online
    • 6.2. In Person
  • 7. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Tourist Type
    • 7.1. Domestic
    • 7.2. International
  • 8. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Tour Type
    • 8.1. Independent Traveler
    • 8.2. Group Trip
    • 8.3. Family Trip
    • 8.4. Student Trip
    • 8.5. Corporate Traveller
  • 9. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Consumer Orientation
    • 9.1. Men
    • 9.2. Women
    • 9.3. Children
  • 10. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Age Group
    • 10.1. 15-25 Years
    • 10.2. 26-35 Years
    • 10.3. 36-45 Years
    • 10.4. 46-55 Years
  • 11. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 11.1. North America
    • 11.2. Latin America
    • 11.3. Western Europe
    • 11.4. Eastern Europe
    • 11.5. South Asia and Pacific
    • 11.6. East Asia
    • 11.7. Middle East and Africa
  • 12. North America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. Latin America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. Western Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 15. Eastern Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 16. South Asia and Pacific Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 17. East Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 18. Middle East and Africa Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 19. Key Countries Analysis
  • 20. Market Structure Analysis
  • 21. Competition Analysis
    • 21.1. eZee Frontdesk
    • 21.2. Hostelworld
    • 21.3. Safestay plc
    • 21.4. Room Master
    • 21.5. Hostelling International
    • 21.6. Green Tortoise Hostel
    • 21.7. London Backpackers
    • 21.8. Newquay Backpackers
    • 21.9. Canada Hostels
    • 21.10. WOKSEN
    • 21.11. A&O s and Hostels
    • 21.12. Travellers House
    • 21.13. Generator Hostels
    • 21.14. Wombats City Hostel
    • 21.15. Greg and Tom Hostel
    • 21.16. La Banda Rooftop Hostel
    • 21.17. Ecomama
    • 21.18. Alter Hostel
    • 21.19. Urban Garden Hostel
  • 22. Assumptions & Acronyms Used
  • 23. Research Methodology

List of Tables

Table 1: Global Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 3: Global Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 4: Global Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 5: Global Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 6: Global Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 7: Global Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 8: North America Value (US$ Million) Forecast by Country, 2018 to 2033

Table 9: North America Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 10: North America Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 11: North America Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 12: North America Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 13: North America Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 14: North America Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 15: Latin America Value (US$ Million) Forecast by Country, 2018 to 2033

Table 16: Latin America Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 17: Latin America Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 18: Latin America Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 19: Latin America Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 20: Latin America Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 21: Latin America Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 22: Western Europe Value (US$ Million) Forecast by Country, 2018 to 2033

Table 23: Western Europe Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 24: Western Europe Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 25: Western Europe Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 26: Western Europe Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 27: Western Europe Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 28: Western Europe Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 29: Eastern Europe Value (US$ Million) Forecast by Country, 2018 to 2033

Table 30: Eastern Europe Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 31: Eastern Europe Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 32: Eastern Europe Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 33: Eastern Europe Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 34: Eastern Europe Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 35: Eastern Europe Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 36: South Asia and Pacific Value (US$ Million) Forecast by Country, 2018 to 2033

Table 37: South Asia and Pacific Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 38: South Asia and Pacific Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 39: South Asia and Pacific Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 40: South Asia and Pacific Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 41: South Asia and Pacific Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 42: South Asia and Pacific Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 43: East Asia Value (US$ Million) Forecast by Country, 2018 to 2033

Table 44: East Asia Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 45: East Asia Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 46: East Asia Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 47: East Asia Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 48: East Asia Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 49: East Asia Value (US$ Million) Forecast by Age Group, 2018 to 2033

Table 50: Middle East and Africa Value (US$ Million) Forecast by Country, 2018 to 2033

Table 51: Middle East and Africa Value (US$ Million) Forecast by Accommodation Type, 2018 to 2033

Table 52: Middle East and Africa Value (US$ Million) Forecast by Booking Channel, 2018 to 2033

Table 53: Middle East and Africa Value (US$ Million) Forecast by Tourist Type , 2018 to 2033

Table 54: Middle East and Africa Value (US$ Million) Forecast by Tour Type, 2018 to 2033

Table 55: Middle East and Africa Value (US$ Million) Forecast by Consumer Orientation, 2018 to 2033

Table 56: Middle East and Africa Value (US$ Million) Forecast by Age Group, 2018 to 2033

List of Figures

Figure 1: Global Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 2: Global Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 3: Global Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 4: Global Value (US$ Million) by Tour Type, 2023 to 2033

Figure 5: Global Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 6: Global Value (US$ Million) by Age Group, 2023 to 2033

Figure 7: Global Value (US$ Million) by Region, 2023 to 2033

Figure 8: Global Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 9: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 10: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 11: Global Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 12: Global Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 13: Global Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 14: Global Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 15: Global Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 16: Global Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 17: Global Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 18: Global Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 19: Global Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 20: Global Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 21: Global Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 22: Global Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 23: Global Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 24: Global Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 25: Global Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 26: Global Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 27: Global Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 28: Global Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 29: Global Attractiveness by Accommodation Type, 2023 to 2033

Figure 30: Global Attractiveness by Booking Channel, 2023 to 2033

Figure 31: Global Attractiveness by Tourist Type , 2023 to 2033

Figure 32: Global Attractiveness by Tour Type, 2023 to 2033

Figure 33: Global Attractiveness by Consumer Orientation, 2023 to 2033

Figure 34: Global Attractiveness by Age Group, 2023 to 2033

Figure 35: Global Attractiveness by Region, 2023 to 2033

Figure 36: North America Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 37: North America Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 38: North America Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 39: North America Value (US$ Million) by Tour Type, 2023 to 2033

Figure 40: North America Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 41: North America Value (US$ Million) by Age Group, 2023 to 2033

Figure 42: North America Value (US$ Million) by Country, 2023 to 2033

Figure 43: North America Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 44: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 45: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 46: North America Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 47: North America Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 48: North America Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 49: North America Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 50: North America Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 51: North America Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 52: North America Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 53: North America Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 54: North America Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 55: North America Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 56: North America Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 57: North America Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 58: North America Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 59: North America Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 60: North America Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 61: North America Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 62: North America Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 63: North America Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 64: North America Attractiveness by Accommodation Type, 2023 to 2033

Figure 65: North America Attractiveness by Booking Channel, 2023 to 2033

Figure 66: North America Attractiveness by Tourist Type , 2023 to 2033

Figure 67: North America Attractiveness by Tour Type, 2023 to 2033

Figure 68: North America Attractiveness by Consumer Orientation, 2023 to 2033

Figure 69: North America Attractiveness by Age Group, 2023 to 2033

Figure 70: North America Attractiveness by Country, 2023 to 2033

Figure 71: Latin America Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 72: Latin America Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 73: Latin America Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 74: Latin America Value (US$ Million) by Tour Type, 2023 to 2033

Figure 75: Latin America Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 76: Latin America Value (US$ Million) by Age Group, 2023 to 2033

Figure 77: Latin America Value (US$ Million) by Country, 2023 to 2033

Figure 78: Latin America Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 79: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 80: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 81: Latin America Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 82: Latin America Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 83: Latin America Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 84: Latin America Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 85: Latin America Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 86: Latin America Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 87: Latin America Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 88: Latin America Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 89: Latin America Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 90: Latin America Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 91: Latin America Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 92: Latin America Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 93: Latin America Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 94: Latin America Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 95: Latin America Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 96: Latin America Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 97: Latin America Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 98: Latin America Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 99: Latin America Attractiveness by Accommodation Type, 2023 to 2033

Figure 100: Latin America Attractiveness by Booking Channel, 2023 to 2033

Figure 101: Latin America Attractiveness by Tourist Type , 2023 to 2033

Figure 102: Latin America Attractiveness by Tour Type, 2023 to 2033

Figure 103: Latin America Attractiveness by Consumer Orientation, 2023 to 2033

Figure 104: Latin America Attractiveness by Age Group, 2023 to 2033

Figure 105: Latin America Attractiveness by Country, 2023 to 2033

Figure 106: Western Europe Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 107: Western Europe Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 108: Western Europe Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 109: Western Europe Value (US$ Million) by Tour Type, 2023 to 2033

Figure 110: Western Europe Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 111: Western Europe Value (US$ Million) by Age Group, 2023 to 2033

Figure 112: Western Europe Value (US$ Million) by Country, 2023 to 2033

Figure 113: Western Europe Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 114: Western Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 115: Western Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 116: Western Europe Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 117: Western Europe Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 118: Western Europe Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 119: Western Europe Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 120: Western Europe Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 121: Western Europe Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 122: Western Europe Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 123: Western Europe Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 124: Western Europe Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 125: Western Europe Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 126: Western Europe Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 127: Western Europe Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 128: Western Europe Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 129: Western Europe Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 130: Western Europe Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 131: Western Europe Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 132: Western Europe Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 133: Western Europe Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 134: Western Europe Attractiveness by Accommodation Type, 2023 to 2033

Figure 135: Western Europe Attractiveness by Booking Channel, 2023 to 2033

Figure 136: Western Europe Attractiveness by Tourist Type , 2023 to 2033

Figure 137: Western Europe Attractiveness by Tour Type, 2023 to 2033

Figure 138: Western Europe Attractiveness by Consumer Orientation, 2023 to 2033

Figure 139: Western Europe Attractiveness by Age Group, 2023 to 2033

Figure 140: Western Europe Attractiveness by Country, 2023 to 2033

Figure 141: Eastern Europe Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 142: Eastern Europe Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 143: Eastern Europe Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 144: Eastern Europe Value (US$ Million) by Tour Type, 2023 to 2033

Figure 145: Eastern Europe Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 146: Eastern Europe Value (US$ Million) by Age Group, 2023 to 2033

Figure 147: Eastern Europe Value (US$ Million) by Country, 2023 to 2033

Figure 148: Eastern Europe Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 149: Eastern Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 150: Eastern Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 151: Eastern Europe Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 152: Eastern Europe Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 153: Eastern Europe Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 154: Eastern Europe Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 155: Eastern Europe Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 156: Eastern Europe Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 157: Eastern Europe Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 158: Eastern Europe Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 159: Eastern Europe Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 160: Eastern Europe Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 161: Eastern Europe Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 162: Eastern Europe Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 163: Eastern Europe Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 164: Eastern Europe Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 165: Eastern Europe Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 166: Eastern Europe Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 167: Eastern Europe Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 168: Eastern Europe Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 169: Eastern Europe Attractiveness by Accommodation Type, 2023 to 2033

Figure 170: Eastern Europe Attractiveness by Booking Channel, 2023 to 2033

Figure 171: Eastern Europe Attractiveness by Tourist Type , 2023 to 2033

Figure 172: Eastern Europe Attractiveness by Tour Type, 2023 to 2033

Figure 173: Eastern Europe Attractiveness by Consumer Orientation, 2023 to 2033

Figure 174: Eastern Europe Attractiveness by Age Group, 2023 to 2033

Figure 175: Eastern Europe Attractiveness by Country, 2023 to 2033

Figure 176: South Asia and Pacific Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 177: South Asia and Pacific Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 178: South Asia and Pacific Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 179: South Asia and Pacific Value (US$ Million) by Tour Type, 2023 to 2033

Figure 180: South Asia and Pacific Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 181: South Asia and Pacific Value (US$ Million) by Age Group, 2023 to 2033

Figure 182: South Asia and Pacific Value (US$ Million) by Country, 2023 to 2033

Figure 183: South Asia and Pacific Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 184: South Asia and Pacific Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 185: South Asia and Pacific Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 186: South Asia and Pacific Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 187: South Asia and Pacific Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 188: South Asia and Pacific Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 189: South Asia and Pacific Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 190: South Asia and Pacific Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 191: South Asia and Pacific Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 192: South Asia and Pacific Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 193: South Asia and Pacific Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 194: South Asia and Pacific Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 195: South Asia and Pacific Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 196: South Asia and Pacific Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 197: South Asia and Pacific Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 198: South Asia and Pacific Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 199: South Asia and Pacific Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 200: South Asia and Pacific Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 201: South Asia and Pacific Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 202: South Asia and Pacific Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 203: South Asia and Pacific Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 204: South Asia and Pacific Attractiveness by Accommodation Type, 2023 to 2033

Figure 205: South Asia and Pacific Attractiveness by Booking Channel, 2023 to 2033

Figure 206: South Asia and Pacific Attractiveness by Tourist Type , 2023 to 2033

Figure 207: South Asia and Pacific Attractiveness by Tour Type, 2023 to 2033

Figure 208: South Asia and Pacific Attractiveness by Consumer Orientation, 2023 to 2033

Figure 209: South Asia and Pacific Attractiveness by Age Group, 2023 to 2033

Figure 210: South Asia and Pacific Attractiveness by Country, 2023 to 2033

Figure 211: East Asia Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 212: East Asia Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 213: East Asia Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 214: East Asia Value (US$ Million) by Tour Type, 2023 to 2033

Figure 215: East Asia Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 216: East Asia Value (US$ Million) by Age Group, 2023 to 2033

Figure 217: East Asia Value (US$ Million) by Country, 2023 to 2033

Figure 218: East Asia Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 219: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 220: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 221: East Asia Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 222: East Asia Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 223: East Asia Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 224: East Asia Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 225: East Asia Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 226: East Asia Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 227: East Asia Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 228: East Asia Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 229: East Asia Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 230: East Asia Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 231: East Asia Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 232: East Asia Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 233: East Asia Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 234: East Asia Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 235: East Asia Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 236: East Asia Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 237: East Asia Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 238: East Asia Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 239: East Asia Attractiveness by Accommodation Type, 2023 to 2033

Figure 240: East Asia Attractiveness by Booking Channel, 2023 to 2033

Figure 241: East Asia Attractiveness by Tourist Type , 2023 to 2033

Figure 242: East Asia Attractiveness by Tour Type, 2023 to 2033

Figure 243: East Asia Attractiveness by Consumer Orientation, 2023 to 2033

Figure 244: East Asia Attractiveness by Age Group, 2023 to 2033

Figure 245: East Asia Attractiveness by Country, 2023 to 2033

Figure 246: Middle East and Africa Value (US$ Million) by Accommodation Type, 2023 to 2033

Figure 247: Middle East and Africa Value (US$ Million) by Booking Channel, 2023 to 2033

Figure 248: Middle East and Africa Value (US$ Million) by Tourist Type , 2023 to 2033

Figure 249: Middle East and Africa Value (US$ Million) by Tour Type, 2023 to 2033

Figure 250: Middle East and Africa Value (US$ Million) by Consumer Orientation, 2023 to 2033

Figure 251: Middle East and Africa Value (US$ Million) by Age Group, 2023 to 2033

Figure 252: Middle East and Africa Value (US$ Million) by Country, 2023 to 2033

Figure 253: Middle East and Africa Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 254: Middle East and Africa Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 255: Middle East and Africa Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 256: Middle East and Africa Value (US$ Million) Analysis by Accommodation Type, 2018 to 2033

Figure 257: Middle East and Africa Value Share (%) and BPS Analysis by Accommodation Type, 2023 to 2033

Figure 258: Middle East and Africa Y-o-Y Growth (%) Projections by Accommodation Type, 2023 to 2033

Figure 259: Middle East and Africa Value (US$ Million) Analysis by Booking Channel, 2018 to 2033

Figure 260: Middle East and Africa Value Share (%) and BPS Analysis by Booking Channel, 2023 to 2033

Figure 261: Middle East and Africa Y-o-Y Growth (%) Projections by Booking Channel, 2023 to 2033

Figure 262: Middle East and Africa Value (US$ Million) Analysis by Tourist Type , 2018 to 2033

Figure 263: Middle East and Africa Value Share (%) and BPS Analysis by Tourist Type , 2023 to 2033

Figure 264: Middle East and Africa Y-o-Y Growth (%) Projections by Tourist Type , 2023 to 2033

Figure 265: Middle East and Africa Value (US$ Million) Analysis by Tour Type, 2018 to 2033

Figure 266: Middle East and Africa Value Share (%) and BPS Analysis by Tour Type, 2023 to 2033

Figure 267: Middle East and Africa Y-o-Y Growth (%) Projections by Tour Type, 2023 to 2033

Figure 268: Middle East and Africa Value (US$ Million) Analysis by Consumer Orientation, 2018 to 2033

Figure 269: Middle East and Africa Value Share (%) and BPS Analysis by Consumer Orientation, 2023 to 2033

Figure 270: Middle East and Africa Y-o-Y Growth (%) Projections by Consumer Orientation, 2023 to 2033

Figure 271: Middle East and Africa Value (US$ Million) Analysis by Age Group, 2018 to 2033

Figure 272: Middle East and Africa Value Share (%) and BPS Analysis by Age Group, 2023 to 2033

Figure 273: Middle East and Africa Y-o-Y Growth (%) Projections by Age Group, 2023 to 2033

Figure 274: Middle East and Africa Attractiveness by Accommodation Type, 2023 to 2033

Figure 275: Middle East and Africa Attractiveness by Booking Channel, 2023 to 2033

Figure 276: Middle East and Africa Attractiveness by Tourist Type , 2023 to 2033

Figure 277: Middle East and Africa Attractiveness by Tour Type, 2023 to 2033

Figure 278: Middle East and Africa Attractiveness by Consumer Orientation, 2023 to 2033

Figure 279: Middle East and Africa Attractiveness by Age Group, 2023 to 2033

Figure 280: Middle East and Africa Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

Which Countries are Dominate the Global Market?

The United States, India, and Germany are dominate the global market.

What is the Growth Forecast for the Hostel Market?

The market is forecast to register a CAGR of 10.20% through 2033.

How was the Historical Performance of the Market?

During 2018 to 2022, the market registered a CAGR of 10.20%.

Which is the Top Trend in the Hostel Market?

Education development and travel are the current market trends.

What is the Projected Size of the Market by 2033?

The global market size to reach USD 12.1 billion by 2033.

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