15 years
Will these super-cheap hotels have an impact on hostels?
Only on the private room market... and mostly flashpackers. Unless they could operate hotels for less than dorm prices, which I doubt.
Easyhotel itself has rooms(!) for 25EUR per night in Budapest. We sell our rooms for 30-35EUR during winter and we are not a hotel, although our revenue / m2 is around the same level.
If this business model would be widespread, the upmarket hostels would be heavily injured, IMHO.
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