Generator, St. Christopher’s, Freehand – hostelling in the USA set for a resurgence and modernised perception!
HostelBookers have today notified all properties listed in CUBA that with regret, they must cease to work with them as of this Friday, 9th August.
This is due to the approved merger of HostelBookers and Hostelworld (WRI) who are owned by the American private equity investment firm ‘Hellman & Friedman‘.
As required by US law (embargo) and by the final day of the approved merge, HostelBookers will have additional legal compliance obligations to not do any business with Cuba.
This affects roughly 300 properties, majority of which are ‘homestays’ – a typical type of budget accommodation travellers use while holidaying throughout the country.
While HostelBookers will cease to list or promote Cuba this week, any future bookings already secured by the properties / customers wont be affected.
Other destinations to cease trade with HostelBookers due to the acquisition (if not already) include Iran, Syria, Sudan, Myanmar (Burma) and North Korea.
HostelBookers Summer Sale has been extended for another month! The campaign has been a huge success so far – the biggest that HostelBookers has ever done, with almost 750 properties on sale in 300 destinations! Currently, over 12,000 unique sale bookings have been generated to happy customers!
The HostelBookers Product Team is hard at it, securing more properties with discounts daily. The destinations with the most discounted property stays on offer are:
Notable properties that are participating and selling discounted beds daily include:
The extended sale (booking period) will now run until the end of August, with a travel period up until the end of September! With so many quality destinations and properties on offer, it’s easy to grab a bargain break with HostelBookers.com
HostelBookers will now become part of the Web Reservations International (WRI) portfolio, much to the delight of Hellman & Friedman – known for a focus of ‘investing in management buyouts in media, telecommunications, financial services, technology and marketing’.
HostelBookers and Hostelworld now have five working days to complete the merge. Under the WRI folio will be Hostelworld.com, HostelBookers.com, Hostels.com, BedandBreakfastworld.com and Backpackonline.com.