5 Private Hostel Business Success Stories [2024]

Pat Walls

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Updated: July 24th, 2023

Start A Private Hostel Business

A private hostel is a residential premise or center set up by a private entity to accommodate paying guests on a rental basis for a fixed duration. Private accommodation for tourists and travelers can be a good option if you love meeting and hosting different people while creating a passive income from your business.

Setting up your own private hostel business takes a lot of planning. First, find the ideal location and check all the local zoning laws. Then, procure (buy/lease) a perfect building and equip it with beds and other accommodations for guests.

To attract business, network with tours and travel companies and advertise the business on social media.

Here are some real life success stories of starting a private hostel business:

Learn more about starting a private hostel business:

Where to start?

-> How much does it cost to start a private hostel business?
-> Pros and cons of a private hostel business

Need inspiration?

-> Examples of established private hostel business

Other resources

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Starting A Private Hostel Business: Everything You Need To Know

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