How many Bunk Beds can we Put in these Room Sizes?

Thanks guys for your great advice! :) Yeah I plan to mix it up as well. The building we are buying has 2 attached buildings. The front one is just like a regular townhouse so I plan to do the old style hostel in it. It should be 8,6,4 bed-rooms with the shared bathrooms. Now the rear building is interesting because it's like a large warehouse with open space. This building will be entirely reconstructed that's why I'm thinking about the floor plan and the room size a lot. Aboriginal, you're absolutely right. I'm considering the opportunity to later convert it into a budget hotel and to increase the value of the property when I need to sell it. However, if we just construct it like a typical dorm with shared big bathrooms (similar to HI) it could work too because I could add more beds and later on if we need to sell the building, it would be easily converted to an office.

If your hostel will be successful (and I don't think it can't be good), you don't want to sell it for a long time... You can run your name as a brand and within the next five years you would be able to open up a new hostel each year in different locations. Your company can be as successful as the Wombats, Flying Pig or St. Christopher's Inns...

Yeah we'll do it in DC. DCplanet is actually my sibling. LOL. Before we decided to do it we've done a lot of research in the area. But what strucked me is when HI announced the renovation of the adjacent building so they could add about 150 more beds. Since then I began to look around and found out about how the existing hostels in the area were doing and that inspired us to do it. I believe there is not enough safe, affordable place for international or out of town visitors to stay in the city. That's because the DC real estate is one of the most expensive in the nation plus the DC zoning restriction involved. Many existing DC hostels are located in the outer city or just in some sketchy area. But because we want to be in the right location and the right price, it took us a long time just to acquire a perfect property in our budget range.

There are always place for hostels in any city if you can target your visitors and can do it better than the others. ;) However, a good location is always important as this might be the only factor you can't change later!!! :cool:

I've never been to Budapest or any eastern european countries though. I would like to be there someday. I'd love to stay in your hostels whenever I have a chance. :D Thanks.

You are welcome to come and stay with us at any time! ;)

Hmmm, I'm thinking of a new concept for a hostel. People lie in pods extending from walls and are fed intravenously through tubes. They wear virtual reality glasses or maybe just direct stimulation of the neural cortex to think they are at a beach or at a rave or whatever. No need for bathrooms or common areas at all. I think I'll call it 'The Matrix'. Whaddya'll think? :p

Sorry, adds nothing to the conversation, but I can be a smartass at times.... :D