Hostels/Franchising In The Press
RBS branches out with franchise fund
What The Press Are Saying About Hostel Investment..
"Low-budget hotels and hostels are also distinctly setting the tone in the hotel sector..."
www.travelio.net, Monday 7, February 2011
"Once derided as dirty, dangerous dosshouses, a new breed of hostel is fast emerging as the latest hot asset class"
Property Week, 21 January 2011
"The sector does not have a lot of competition and investors are finally able to see viable potential in hostels in today’s market"
Tim Sykes, St Christopher's Inns
"Despite their sometimes dubious reputation, hostels are undergoing a revival that is being billed as the birth of a “revolutionary” new asset class for the property industry."
Property Week, 21 January 2011
“"The hostel market is where the boutique hotel market was 30 years ago"
Keith Breslauer, founder and managing director of Patron Capital
“"Ian Schrager and Steve Rubell created Morgans hotel in New York in 1985, and at the same time created a new asset class: the world of boutique living. That is where hostels are today – a revolution which, in the next five to 10 years, will be accepted as the mainstream"
Property Week, 21 January 2011
“"The recession has allowed the sector to come into its own right. Right now you have a bunch of buildings that are vacant and very difficult to develop. While the residential market is what most developers turn to when offices and retail projects fail, that is not possible at the moment as housebuilding is at an all-time low. Hostels present an alternative use that is compelling"
Josh Wyatt, Patron Capital’s director of leisure and hospitality
“"The sector does not have a lot of competition and investors are finally able to see viable potential in hostels in today’s market"
Tim Sykes, St Christopher's Inns
"Journeys, aims to open 15 hostels throughout the UK in 2011 by converting disused buildings. Developer D’Rui Group, run by Dean D’Eye, renovates the buildings and then seeks franchise partners to run the hostels, many of which occupy redundant pubs, retaining a bar below with bedrooms above. Struggling landlords take note."
Property Week, 21 January 2011
"The hotel industry is currently facing massive change...Low-budget hotels and hostels are also distinctly setting the tone in the hotel sector."
www.travelio.net, 7 February 2011
www.travelio.net, Monday 7, February 2011
"Once derided as dirty, dangerous dosshouses, a new breed of hostel is fast emerging as the latest hot asset class"
Property Week, 21 January 2011
"The sector does not have a lot of competition and investors are finally able to see viable potential in hostels in today’s market"
Tim Sykes, St Christopher's Inns
"Despite their sometimes dubious reputation, hostels are undergoing a revival that is being billed as the birth of a “revolutionary” new asset class for the property industry."
Property Week, 21 January 2011
“"The hostel market is where the boutique hotel market was 30 years ago"
Keith Breslauer, founder and managing director of Patron Capital
“"Ian Schrager and Steve Rubell created Morgans hotel in New York in 1985, and at the same time created a new asset class: the world of boutique living. That is where hostels are today – a revolution which, in the next five to 10 years, will be accepted as the mainstream"
Property Week, 21 January 2011
“"The recession has allowed the sector to come into its own right. Right now you have a bunch of buildings that are vacant and very difficult to develop. While the residential market is what most developers turn to when offices and retail projects fail, that is not possible at the moment as housebuilding is at an all-time low. Hostels present an alternative use that is compelling"
Josh Wyatt, Patron Capital’s director of leisure and hospitality
“"The sector does not have a lot of competition and investors are finally able to see viable potential in hostels in today’s market"
Tim Sykes, St Christopher's Inns
"Journeys, aims to open 15 hostels throughout the UK in 2011 by converting disused buildings. Developer D’Rui Group, run by Dean D’Eye, renovates the buildings and then seeks franchise partners to run the hostels, many of which occupy redundant pubs, retaining a bar below with bedrooms above. Struggling landlords take note."
Property Week, 21 January 2011
"The hotel industry is currently facing massive change...Low-budget hotels and hostels are also distinctly setting the tone in the hotel sector."
www.travelio.net, 7 February 2011
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