Executive Summary
Azoth Analytics has released a research report titled ‘Global Hostel Online Travel Agency (OTA) Market (2023 Edition)' which provides a complete analysis of the Global Hostel Online Travel Agency (OTA) industry in terms of market segmentation By Platform (Mobiles/Tablets, and Desktop), User Type (Students, Corporates, and Others), Age Group (15-25, 26-35, 36-45, and Above 45 years), By Region (North America, Europe, Asia-Pacific, and ROW), and By Country for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.
The research report covers a detailed analysis of the regions (North America, Europe, APAC, Rest of the World) and 10 countries (United States, Canada, United Kingdom, Germany, France, Italy, China, Japan, India, South Korea). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.
The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.
Global Hostel Online Travel Agency (OTA) Market attained a market value of USD 2.9 Billion in 2022. The global hostel market is recovering strongly, driven by tailwinds to both supply and demand coupled with improving confidence in the post-Covid recovery and resumed growth trajectory. Additionally, various companies focusing on young millennial/Gen Z travellers, and a rise in solo travellers looking for shared experiences with young travellers spending twice as much as the average international tourist throughout their entire trip, and travelling twice as often per year according to a trend report, has been anticipated to bolster the market growth.
The Global Hostel Online Travel Agency (OTA) Market is expected to grow in the forecast period and register a market value of USD 6.39 Billion in 2029 at a CAGR of 12.4% during the forecast period. Hostel Online Travel Agency (OTA) market is propelled by the ever-increasing young population across the globe, burgeoning demand for sustainable hostels, clubbed with escalating urge to travel among youth and ever-changing accommodation preferences will spur the market growth in future.
Scope of the Report
• The report analyses the Hostel Online Travel Agency (OTA) Market by Value (USD Million)
• The report presents the analysis of the Hostel Online Travel Agency (OTA) Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.
• The report analyses the Hostel Online Travel Agency (OTA) Market by Platform (Mobiles/Tablets, Desktop).
• The report analyses the Hostel Online Travel Agency (OTA) Market by User Type (Students, Corporate, and Others).
• The report analyses the Hostel Online Travel Agency (OTA) Market by Age Group (15-25, 26-35, 36-45, and Above 45 years)
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by services, by mode of operation & by end users.
• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include HostelWorld Group PLC, hostelz.com, Zostel, The Hosteller, A&O Hostels, Safestay, HostelGeeks, Selina Hospitality, Hostelling International (HI), and Generator Hostels.
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
2.1 Invest in Eco-friendly, sustainable hostel stays
2.2 Focus on offering a unique stay experience to travellers
3. Global Hostel Online Travel Agency (OTA) Market: Historic and Forecast (2019-2029)
3.1 Impact Analysis of Macro Economic Factors on Hostel Online Travel Agency (OTA) Market
3.2 GDP Per Capita, By Country (2022)
3.3 Share of People Living in the Urban Areas Across the Globe
3.4 Internet Users, By Country
3.5 Cellphone Users, By Country and Top 50 Countries With the Largest Percentage of Older Adults
3.6 Global Hostel Online Travel Agency (OTA) Market: Dashboard
3.7 Global Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
3.8 Degree of Impact of COVID-19 on Hostel Online Travel Agency (OTA) Market
3.9 Global Hostel Online Travel Agency (OTA) Market Segmentation: By Platform
3.9.1 Global Hostel Online Travel Agency (OTA) Market, By Platform Overview
3.9.2 Global Hostel Online Travel Agency (OTA) Market Size, By Mobiles/Tablets, By Value, 2019H-2029F (USD Million & CAGR)
3.9.3 Global Hostel Online Travel Agency (OTA) Market Size, By Desktop, By Value, 2019H-2029F (USD Million & CAGR)
3.10 Global Hostel Online Travel Agency (OTA) Market Segmentation: By User Type
3.10.1 Global Hostel Online Travel Agency (OTA) Market, By User Type Overview
3.10.2 Global Hostel Online Travel Agency (OTA) Market Size, By Students, By Value, 2019H-2029F (USD Million & CAGR)
3.10.3 Global Hostel Online Travel Agency (OTA) Market Size, By Corporates, By Value, 2019H-2029F (USD Million & CAGR)
3.10.4 Global Hostel Online Travel Agency (OTA) Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
3.11 Global Hostel Online Travel Agency (OTA) Market Segmentation: By Age Group
3.11.1 Global Hostel Online Travel Agency (OTA) Market, By Age Group Overview
3.11.2 Global Hostel Online Travel Agency (OTA) Market Size, By 15-25 Years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.3 Global Hostel Online Travel Agency (OTA) Market Size, By 26-35 Years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.4 Global Hostel Online Travel Agency (OTA) Market Size, By 36-45 Years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.5 Global Hostel Online Travel Agency (OTA) Market Size, By Above 45 Years, By Value, 2019H-2029F (USD Million & CAGR)
4. Global Hostel Online Travel Agency (OTA) Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. North America Hostel Online Travel Agency (OTA) Market: Historic and Forecast (2019-2029)
5.1 North America Hostel Online Travel Agency (OTA) Market: Snapshot
5.2 North America Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.3 North America Hostel Online Travel Agency (OTA) Market: Key Factors
5.4 North America Hostel Online Travel Agency (OTA) Market Segmentation: By Platform
5.4.1 North America Hostel Online Travel Agency (OTA) Market, By Platform Overview
5.4.2 North America Hostel Online Travel Agency (OTA) Market Size, By Mobiles/Tablets, By Value, 2019H-2029F (USD Million & CAGR)
5.4.3 North America Hostel Online Travel Agency (OTA) Market Size, By Desktop, By Value, 2019H-2029F (USD Million & CAGR)
5.5 North America Hostel Online Travel Agency (OTA) Market Segmentation: By User Type
5.5.1 North America Hostel Online Travel Agency (OTA) Market, By User Type Overview
5.5.2 North America Hostel Online Travel Agency (OTA) Market Size, By Students, By Value, 2019H-2029F (USD Million & CAGR)
5.5.3 North America Hostel Online Travel Agency (OTA) Market Size, By Corporates, By Value, 2019H-2029F (USD Million & CAGR)
5.5.4 North America Hostel Online Travel Agency (OTA) Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
5.6 North America Hostel Online Travel Agency (OTA) Market Segmentation: By Age Group
5.6.1 North America Hostel Online Travel Agency (OTA) Market, By Age Group Overview
5.6.2 North America Hostel Online Travel Agency (OTA) Market Size, By 15-25 Years, By Value, 2019H-2029F (USD Million & CAGR)
5.6.3 North America Hostel Online Travel Agency (OTA) Market Size, By 26-35 Years, By Value, 2019H-2029F (USD Million & CAGR)
5.6.4 North America Hostel Online Travel Agency (OTA) Market Size, By 36-55 Years, By Value, 2019H-2029F (USD Million & CAGR)
5.6.5 North America Hostel Online Travel Agency (OTA) Market Size, By Above 45 Years, By Value, 2019H-2029F (USD Million & CAGR)
5.7 North America Hostel Online Travel Agency (OTA) Market Segmentation: By Country
5.7.1 United States Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.7.1.1 United States Hostel Online Travel Agency (OTA) Market, By Platform
5.7.1.2 United States Hostel Online Travel Agency (OTA) Market, By User Type
5.7.1.3 United States Hostel Online Travel Agency (OTA) Market, By Age Group
5.7.2 Canada Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.7.2.1 Canada Hostel Online Travel Agency (OTA) Market, By Platform
5.7.2.2 Canada Hostel Online Travel Agency (OTA) Market, By User Type
5.7.2.3 Canada Hostel Online Travel Agency (OTA) Market, By Age Group
6. Europe Hostel Online Travel Agency (OTA) Market: Historic and Forecast (2019-2029)
6.1 Europe Hostel Online Travel Agency (OTA) Market: Snapshot
6.2 Europe Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.3 Europe Hostel Online Travel Agency (OTA) Market: Key Factors
6.4 Europe Hostel Online Travel Agency (OTA) Market Segmentation: By Platform
6.4.1 Europe Hostel Online Travel Agency (OTA) Market, By Platform Overview
6.4.2 Europe Hostel Online Travel Agency (OTA) Market Size, By Mobiles/Tablets, By Value, 2019H-2029F (USD Million & CAGR)
6.4.3 Europe Hostel Online Travel Agency (OTA) Market Size, By Desktop, By Value, 2019H-2029F (USD Million & CAGR)
6.5 Europe Hostel Online Travel Agency (OTA) Market Segmentation: By User Type
6.5.1 Europe Hostel Online Travel Agency (OTA) Market, By User Type Overview
6.5.2 Europe Hostel Online Travel Agency (OTA) Market Size, By Students, By Value, 2019H-2029F (USD Million & CAGR)
6.5.3 Europe Hostel Online Travel Agency (OTA) Market Size, By Corporates, By Value, 2019H-2029F (USD Million & CAGR)
6.5.4 Europe Hostel Online Travel Agency (OTA) Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
6.6 Europe Hostel Online Travel Agency (OTA) Market Segmentation: By Age Group
6.6.1 Europe Hostel Online Travel Agency (OTA) Market, By Age Group Overview
6.6.2 Europe Hostel Online Travel Agency (OTA) Market Size, By 15-25 Years, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Europe Hostel Online Travel Agency (OTA) Market Size, By 26-35 Years, By Value, 2019H-2029F (USD Million & CAGR)
6.6.4 Europe Hostel Online Travel Agency (OTA) Market Size, By 36-55 Years, By Value, 2019H-2029F (USD Million & CAGR)
6.6.5 Europe Hostel Online Travel Agency (OTA) Market Size, By Above 45 Years, By Value, 2019H-2029F (USD Million & CAGR)
6.7 Europe Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.1 United Kingdom Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.1.1 United Kingdom Hostel Online Travel Agency (OTA) Market, By Platform
6.7.1.2 United Kingdom Hostel Online Travel Agency (OTA) Market, By User Type
6.7.1.3 United Kingdom Hostel Online Travel Agency (OTA) Market, By Age Group
6.7.2 France Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.2.1 France Hostel Online Travel Agency (OTA) Market, By Platform
6.7.2.2 France Hostel Online Travel Agency (OTA) Market, By User Type
6.7.2.3 France Hostel Online Travel Agency (OTA) Market, By Age Group
6.7.3 Germany Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.3.1 Germany Hostel Online Travel Agency (OTA) Market, By Platform
6.7.3.2 Germany Hostel Online Travel Agency (OTA) Market, By User Type
6.7.3.3 Germany Hostel Online Travel Agency (OTA) Market, By Age Group
6.7.4 Italy Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.4.1 Italy Hostel Online Travel Agency (OTA) Market, By Platform
6.7.4.2 Italy Hostel Online Travel Agency (OTA) Market, By User Type
6.7.4.3 Italy Hostel Online Travel Agency (OTA) Market, By Age Group
6.7.5 Rest of Europe Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.7.5.1 Rest of Europe Hostel Online Travel Agency (OTA) Market, By Platform
6.7.5.2 Rest of Europe Hostel Online Travel Agency (OTA) Market, By User Type
6.7.5.3 Rest of Europe Hostel Online Travel Agency (OTA) Market, By Age Group
7. Asia Pacific Hostel Online Travel Agency (OTA) Market: Historic and Forecast (2019-2029)
7.1 Asia Pacific Hostel Online Travel Agency (OTA) Market: Snapshot
7.2 Asia Pacific Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.3 Asia Pacific Hostel Online Travel Agency (OTA) Market: Key Factors
7.4 Asia Pacific Hostel Online Travel Agency (OTA) Market Segmentation : By Platform
7.4.1 Asia Pacific Hostel Online Travel Agency (OTA) Market, By Platform Overview
7.4.2 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Mobiles/Tablets, By Value, 2019H-2029F (USD Million & CAGR)
7.4.3 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Desktop, By Value, 2019H-2029F (USD Million & CAGR)
7.5 Asia Pacific Hostel Online Travel Agency (OTA) Market Segmentation : By User Type
7.5.1 Asia Pacific Hostel Online Travel Agency (OTA) Market, By User Type Overview
7.5.2 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Students, By Value, 2019H-2029F (USD Million & CAGR)
7.5.3 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Corporates, By Value, 2019H-2029F (USD Million & CAGR)
7.5.4 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
7.6 Asia Pacific Hostel Online Travel Agency (OTA) Market Segmentation : By Age Group
7.6.1 Asia Pacific Hostel Online Travel Agency (OTA) Market, By Age Group Overview
7.6.2 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By 15-25 Years, By Value, 2019H-2029F (USD Million & CAGR)
7.6.3 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By 26-35 Years, By Value, 2019H-2029F (USD Million & CAGR)
7.6.4 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By 36-55 Years, By Value, 2019H-2029F (USD Million & CAGR)
7.6.5 Asia Pacific Hostel Online Travel Agency (OTA) Market Size, By Above 45 Years, By Value, 2019H-2029F (USD Million & CAGR)
7.7 Asia Pacific Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.1 China Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.1.1 China Hostel Online Travel Agency (OTA) Market, By Platform
7.7.1.2 China Hostel Online Travel Agency (OTA) Market, By User Type
7.7.1.3 China Hostel Online Travel Agency (OTA) Market, By Age Group
7.7.2 Japan Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.2.1 Japan Hostel Online Travel Agency (OTA) Market, By Platform
7.7.2.2 Japan Hostel Online Travel Agency (OTA) Market, By User Type
7.7.2.3 Japan Hostel Online Travel Agency (OTA) Market, By Age Group
7.7.3 India Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.3.1 India Hostel Online Travel Agency (OTA) Market, By Platform
7.7.3.2 India Hostel Online Travel Agency (OTA) Market, By User Type
7.7.3.3 India Hostel Online Travel Agency (OTA) Market, By Age Group
7.7.4 South Korea Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.4.1 South Korea Hostel Online Travel Agency (OTA) Market, By Platform
7.7.4.2 South Korea Hostel Online Travel Agency (OTA) Market, By User Type
7.7.4.3 South Korea Hostel Online Travel Agency (OTA) Market, By Age Group
7.7.5 Rest of Asia Pacific Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.7.5.1 Rest of Asia Pacific Hostel Online Travel Agency (OTA) Market, By Platform
7.7.5.2 Rest of Asia Pacific Hostel Online Travel Agency (OTA) Market, By User Type
7.7.5.3 Rest of Asia Pacific Hostel Online Travel Agency (OTA) Market, By Age Group
8. Rest of the World Hostel Online Travel Agency (OTA) Market: Historic and Forecast (2019-2029)
8.1 Rest of the World Hostel Online Travel Agency (OTA) Market: Snapshot
8.2 Rest of the World Hostel Online Travel Agency (OTA) Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
8.3 Rest of the World Hostel Online Travel Agency (OTA) Market Segmentation: By Platform
8.3.1 Rest of the World Hostel Online Travel Agency (OTA) Market, By Platform Overview
8.3.2 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Mobiles/Tablets, By Value, 2019H-2029F (USD Million & CAGR)
8.3.3 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Desktop, By Value, 2019H-2029F (USD Million & CAGR)
8.4 Rest of the World Hostel Online Travel Agency (OTA) Market Segmentation: By User Type
8.4.1 Rest of the World Hostel Online Travel Agency (OTA) Market, By User Type Overview
8.4.2 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Students, By Value, 2019H-2029F (USD Million & CAGR)
8.4.3 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Corporates, By Value, 2019H-2029F (USD Million & CAGR)
8.4.4 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Others, By Value, 2019H-2029F (USD Million & CAGR)
8.5 Rest of the World Hostel Online Travel Agency (OTA) Market Segmentation: By Age Group
8.5.1 Rest of the World Hostel Online Travel Agency (OTA) Market, By Age Group Overview
8.5.2 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By 15-25 Years, By Value, 2019H-2029F (USD Million & CAGR)
8.5.3 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By 26-35 Years, By Value, 2019H-2029F (USD Million & CAGR)
8.5.4 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By 36-45 Years, By Value, 2019H-2029F (USD Million & CAGR)
8.5.5 Rest of the World Hostel Online Travel Agency (OTA) Market Size, By Above 45 Years, By Value, 2019H-2029F (USD Million & CAGR)
9. Market Dynamics
9.1 Impact Assessment of Market Dynamics on Global Hostel Online Travel Agency (OTA) Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Value Chain Analysis
10.2 Porter Analysis
11. Competitive Landscape
11.1 Competitive Positioning
11.2 Prominent Companies Market Share
11.3 Company Profiles
11.3.1 HostelWorld Group PLC
11.3.2 hostelz.com
11.3.3 Zostel
11.3.4 The Hosteller
11.3.5 A&O Hostels
11.3.6 Safestay
11.3.7 HostelGeeks
11.3.8 Selina Hospitality
11.3.9 Hostelling International (HI)
11.3.10 Generator Hostels
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