WE APPRECIATE THE KEY DIFFERENCES BETWEEN OPERATING A HOTEL AND A HOSTEL
Hotel management is an established field that educates the industry in all aspects of opening and operating a hotel. Everything from reception and housekeeping to revenue management, has established standards and available resources to train owners and staff at all levels.
WE UNDERSTAND THE DIFFERENCES IN HOSTEL STRUCTURE.
Hostel management is a completely different structure with unique operational needs! Hostel management is much less standardized as a discipline. Most hostels are still experimenting in the dark, using “trial and error” to guide their business practices; from reception to management and even ownership. Skip the uncertainty and let our experts share their experience with your hostel.
Hostel Business Development & Pre-Opening Services
Are you working on an innovative hostel concept, but need help to roll it out? Hostelconultant.com specializes in the opening of hostels, developing and fine-tuning new concepts. If you want your hostel project to be a smashing success, we can take care of this.
We are firm believers of the power of an independent hostel with a unique product and amazing guest experience, over the conventional hostel franchise chain branding route. With a marketplace driven by online reputation and guest reviews, a hostel with an individual character and unique customer experience can be leveraged to gain global reach and exposure.
Keeping up with the latest developments and innovative solutions in hostel distribution and online travel marketing can be challenging, with the landscape changing so quickly. Our international hospitality strategy specialists are here to make turn your hostel project into a great success.
Focusing on the unique selling points of your property, our hostel management experts will develop a customized and creative strategic hostel opening plan. Our proven and creative methodology of positioning new hostels and innovating concepts has brought our clients solid results with a very positive return on their real estate investment. With our best practices and hands on approach we will turn your property to become a market leader and uncover its hidden revenue potential, driving both top line revenue and bottom line profit.
Our hostel pre-opening consulting experts specialize in:
Operations Management
Guest reviews scores is a direct result of the service standards at your hostel. Our management team implement quality standards of operations and procedures aimed at achieving high satisfaction levels.
Finance & Asset Management
We specialize in maximizing the return on investment on your hostel investment. Both short turn through profit optimization, and long term through operational cost control and maintenance of the real estate asset, we strategically improve your financial results.
Sales & Marketing
At the base of the success of any hostel lies a comprehensive sales and marketing strategy. Our team contains experts in internet marketing and online distribution, plus sales representation.
Revenue Management & Yield Strategies
Our experts in hostel revenue management and pricing will work on increasing your room and total revenue. With our best practices in hostel yield and distribution we will grow your hostel’s RevPar and GopPar.
Concept Development
We can support you with your hostel project from the earliest stages. We excel in development of new hostel concepts, and original ideas, including branding and positioning. If you are looking to become the new hot thing in the hospitality industry, we are all game.
Pre-Opening Planning
Opening a hostel is an art in itself. Critical timelines and paths need to be controlled and managed in detail. We have opened dozens of hostels over the last decade, and are ready to do the next roll-out with our strategy development, checklists and action plans.
Over the last decade we have built up a proven track record with opening and positioning hostels. We will help you develop your brand online and position your concept for success. In preparation of the opening of your new hostel we develop and implement a hostel business action plan. With our services we will position your property to become a leader in its local market, to guarantee you a solid ROI.
And don't think for a moment this cannot be applied in your hostel property. We manage a diverse international portfolio of top performing hostel companies, ranging from independent boutique hostels, luxury design hostels, beach & ski resorts, innovative hostel concepts, aparthostels, vacation rental properties, tourist apartment blocks, regional hostel firms, and even small country side / rural hostels, modern budget hostels, trendy youth hostels, hip bed & breakfasts, camping sites and holiday parks.