Travelers who love hostels usually say their favorite thing is the social life – meeting new friends, hanging out in the bar or lobby or garden, the potential for new experiences.
Curse of Boo.com strikes again, travel version closes
The signs were there right from the start. Could a relaunched Boo.com, under new ownership and a new focus, ever succeed given its infamous past?
HostelWorld puts real-time travel planning and booking into Google Wave
With wonderful timing, Hostelworld has unveiled what is believed to be one of the first major real-time collaboration, travel search and booking engines for Google Wave.
Hostelworld, Teletext Holidays venture into iPhone AppLand
Two travel companies – HostelWorld and Teletext Holidays – have joined the frantic rush to develop Apple iPhone applications.
The Dublin-based HostelWorld app is a major attempt at replicating much of the functionality on the main website onto the handset including hostel bookings, ability to view photos and read reviews of accommodation and pinpoint a user’s location on a local.
The free app also allows users to store favourites and personal preferences for later use.
Does Hostelworld-WRI purchase signify a return to normality?
Private equity has returned to travel with news that Hellman and Friedmann has purchased Dublin-based Web Reservations International, the budget accommodation booking service better known for its consumer brand Hostelworld.
WRI is not disclosing the fee paid for the company by H&F but some reports in the Irish media suggest a figure in the region of round Euro 200 million has changed hands.
Deals of this size in travel and travel technology have been rare since the major PE-led takeovers of the GDSs.











