How to Increase Your Revenue for a Youth Hostel

Do you run a youth hostel? Do you want to find ways to make more money than you are currently making?

Here are a few ideas for you to consider:

  • Sell beer (no brainer)
  • Sell water
  • Sell local tours
  • Organize a pub crawl
  • Start a bar inside (& sell lots of shots)
  • In-house tourist guides
  • Charge $1 for sheets
  • Laundry service (laundry costs while traveling)
  • Start a chain of hostels across multiple cities and cross promote
  • Negotiate special deals (& affiliate program) with a few local restaurants
  • Airport / train / bus pick-up and drop off

All in the effort to provide the perfect hostel

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About Drew Meyers

Drew Meyers is the co-founder of Horizon, a private couchsurfing app enabling you to stay with someone you trust on your next trip. He worked for Zillow.com from September of 2005 to January of 2010 on the marketing team managing Zillow’s API program and various online partnerships. Founder and managing editor of Geek Estate Blog, a multi-author blog focused on real estate technology for real estate professionals, and myKRO.org, a blog devoted to exploring the world of microfinance. He is passionate about traveling..currently in Seattle.