AccorHotels joins buoyant youth hostels market
AccorHotels is launching a youth hostel brand called Joe&Joe to tap the spending power of young adults, part of its response to the challenges posed by Airbnb and an entry into a high-growth sector.
Europe's largest hotel group said on Tuesday it would open hostels in Paris and Bordeaux in 2018. More are planned in Warsaw, Budapest, Rio and Sao Paulo with a target of 50 by 2020.
Joe&Jo is designed "to meet the expectations of millennials (people who became adult around and after 2000 and now are in their 20s and thirties) all those who value sharing, spontaneity and... read more
- 10:39 Peter Vaughan: Tributes to 'wonderful' Game of Thrones and Porridge...
- 10:39 Arsene Wenger: This is why Arsenal stunned Basel last night
- 10:39 Confirmed: Man United first-team trio miss Europa League trip: Full...
- 10:39 Germany legend warns Arsenal: Do not sign this midfielder
- 10:37 Sony to release as many as six mobile phone games next year
- 10:36 Santa to fly in to local hospice
- 10:36 Miss Rugby stars in video
- 10:35 It’s Miaow-y Christmas!
- 10:35 EMERGING MARKETS-Lira at one-week high; fragile emerging assets...
- 10:34 Lib Dems fined £20,000 by watchdog over undeclared payments
- 10:34 WEIRD WINTER WEATHER: Temperatures to top balmy 12C
- 10:34 Drug-user told how she stole goods because she left purse at home
- 10:34 Pensioner admits kidnap and sexual assault of young girl in village...
- 10:33 Boy, 11, dies three years after accidentally hanging himself
- 10:32 Bayern Munich send ominous message to Arsenal on Twitter ahead of...
- 10:32 Jose Mourinho leaves SIX Manchester United first team stars at home...
- 10:31 Georgian townhouses to undergo £2m revamp
- 10:31 Flu risk leads to order to keep all poultry indoors
- 10:30 Britain fines Pfizer record $107 million for huge drug price hike
- 10:30 'Keep your birds indoors!' Birdflu outbreak warning issued for...
- 10:30 The Premier League's deadliest ever penalty takers - ranked by...
- 10:29 Letters - December 12, 2016
- 10:28 Santa to fly in to local hospice
- 10:27 CSKA Moscow star Alan Dzagoev looks to heap misery on Tottenham at...
- 10:27 DEBATE: Should the drink-drive limit be reduced in England?
- 10:27 Palmer concerned by Nailers’ Sunday switch
- 10:27 Manchester City’s Patrick Roberts reveals Pep Guardiola’s words...
- 10:26 New fund attracts £40m in just four days
- 10:26 Could your old mobile pay for Christmas? Classic Motorola and Nokia...
- 10:26 Death crash inquest opened