BREAKING NEWS: Web Reservations International (WRI), owner of Hostelworld and Hostels.com, is up for sale.
If Expedia or Priceline buy it, I doubt they will be knowledgeable about what is good for hostels. Whoever buys it, it will probably have a major impact on the hostel industry.
- the buyer won't know much about hostels and will increase commissions, or start pushing hotels over hostels even more than Hostelworld is currently doing.
- the buyer will buy it and neglect it, leaving room for other competitors to take a larger share of hostel bookings
- the buyer will be hostel-friendly with great new ideas and make things better for hostels.
What do you think?