Poshtels are on the rise

poshtels

Forget a hotel for your next holiday, it’s time to stay in ‘poshtels’

The design-led hostels are a hit with travellers from the UK according to a new report released on Monday.

The World Travel Market Global Trends Report in association with Euromonitor International says the hostels by companies such as Clink, St Christopher’s Inn-Village, Safestay, The Dictionary and Generator Hostels embrace luxurious design with high-tech facilities, restaurants, en-suite rooms, free Wi-Fi and breakfast.

The report says the hostels segment in the UK is set to record 3 per  cent growth over the next four years to reach sales of £216 million in 2018, with a total of 653 hostel outlets by the end of the same year.

Generator Hostels executive chairman Carl Michel said: “The term ‘poshtel’ identifies the lifestyle hostels that have sprung up, as distinct from the more basic hostels. It highlights the desire to have a more differentiated offering – it’s not about being the absolute cheapest anymore.”

World Travel Market senior director, Simon Press said: “Poshtels are more than a buzzword. They represent a viable accommodation option for a number of traveller segments and are helping to raise standards across the entire UK hospitality sector.”

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