This is good information. I know some hostels that have had to list themselves under the name of one of their staff members instead of their hostel name.
I think the best way to do it is to have the hostel manager's Facebook Profile create a Facebook Page (instructions). Then, to make sure that the Hostel's page isn't tied into only one Facebook profile, give the hostel owner's (or other managers') Facebook Profile "admin" access to the Facebook page.
With a Facebook page, a hostel can even create a custom URL once they reach 100 fans, e.g., facebook.com/hostelmanagement...
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