15 years
I can tell you it's tricky...
works diferent for bigger hostels than smaller ones.
You've obviously got your steady expenses, your back up expeneses, and more than that, you need enough utilities for the whole staff and hostel-related investments and savings ... while sticking to the low budget traveler market that hosteling is famous for...
depends a lot of where you live... chances are, you want a fully booked place to keep up with all of these goals
-J
Log in to join discussion