The Hosteller
Creates happy memories for travellers in different locations and continue to expand with gusto.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $5.7m | Early VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 7 % | 460 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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The Hosteller is a chain of backpacker hostels located throughout India. The company targets young travelers, backpackers, and budget-conscious tourists seeking affordable accommodation and a social travel experience. The Hosteller operates in over 55 locations across India, including major cities like Delhi and Mumbai, as well as popular tourist destinations such as Kasol and Shimla.
The business model is centered around providing dormitory-style and private room accommodations at competitive prices. The company emphasizes an "experience-led" approach, suggesting a focus on community, events, and local experiences to differentiate itself from traditional hotels. Revenue is generated through accommodation bookings. The Hosteller also likely generates ancillary revenue from food and beverage sales at its on-site cafes, as well as from partnerships for tours and activities.
Keywords: backpacker hostels, budget accommodation, travel, tourism, hospitality, India, youth travel, ancillary revenue, experience-led, hostel chain