The hostel experience remains one for people who want something alternative to the traditional hotel chain experience. But with some of these new concepts, that experience is no longer synonymous with 'roughing it'.
Hostels have traditionally been for backpackers happy to share rooms with strangers, trek down hallways to shower and cook their own meals in basic kitchens in exchange for cut-rate accommodation.
Though gateway cities will always attract residents and investors, the pandemic accelerated migration trends to rising star cities and investors are following.