The biggest move will be in the northeast, as there is easy transit within and no brand associated there. Then California that USA Hostels has a good hold of, then maybe the great lakes area or south east. It is a needed bost. As the dollar weakens, people come in to spend. The demands are a little different though. Fist f he real estate is untouchable outside the realm of commercial developement. Location, location, location applies and you need 5-20 million for the property alone in a major city. Secondly the 21+ liquor liscence will really hurt revenue, so they will keep a pub/bar seperate but adjacent and offer deals to it. There are major legal and zoning hurdles for it, but it is time. Now there is a monopoly, the sole entity will reap most of the benefit from a lobby (and the hostels direct booking too) plus competition in the bus sector with the ever expanding megabus is driving prices low and making other us cities accessible. Cant wait!
Log in to join discussion