I've been thinking/dreaming of opening a hostel in my hometown Quebec City (Canada) for a bit now, but did not really act on it besides reading this awesome site & forum. Back in the days, there were only 2 hostels, but in the past year or two, 2 more have opened.
I'm wondering if there is any way to figure out if there's room for one more. What I can tell you is
- The city is fairly touristy and economy is good. Lots of development and good things going on (festivals and such)
- The "best" one is a huge HI hostel and I know that's not the cup of tea of everyone. The other 3 are smaller ones, like I'd like to open, and are getting mixed reviews on hostelworld/hostelbookers
- On the other hand, i think backpacking/hostels are maybe less popular in Canada then let's say Europe, so maybe our small market in the city is already saturated ?
I'd be glad to explore any advice you guys might have.