While luxury and business-class hotels are doing everything they can to eke out a break-even balance sheet in this red-ink economy, there's one travel category that has seen a boom in bookings. A ...

Hostelworld, the hostel booking group that targets millennial and Gen-Z backpackers, said its net bookings and revenues have picked up during the summer months after a slow start to the year. Still, ...

Dictionaries typically define hostels as inexpensive lodging, usually for young travelers. But Hostelworld.com, a Web site where travelers can book a hostel stay, is trying to change that definition.

Staying at a backpacker hostel in Europe became the turning point for Pankaj Parwanda, Co-founder of goSTOPS, as he sensed the opportunity to solve an important need for the market - bringing ...