15 years
I don't understand it neither... we all could save some money together then it could be paid off in less than a hundred years! ;)
Much quicker when you stop trashing cars! :)
Web Reservations International (Hostelworld, Hostels.com) Up for Sale
Hostel Trends and News
BREAKING NEWS: Web Reservations International (WRI), owner of Hostelworld and Hostels.com, is up for sale.
Original article:
http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article6889091.ece
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.
Scenarios:
- 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?
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