Hostel Of

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A hybrid solution between the luxury experience of a Hotel and the social aspect of a Hostel.

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Product Description

Idea

Introduction

Hostel Of combines the hotel and hostel business models to create a hybrid product directed at millennials, a large and important segment in the current tourism and hospitality industry. Our aim is to combine the amenities, comfort, safety, and reliability of a hotel, with the social atmosphere, youthful experience, and affordability of a hostel. By locating in unique and up and coming destinations, such as the Lofoten Islands in Norway, and with plans for Iceland afterward, we intend to fill the gap in the market and emerge as the new accommodation choice for travellers.

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Equity Offered:
6.05%

Investment goal:
253 104 €

Funded:
255 635 €

Funded percent:
101%

Investors:
115

Valuation:
3 930 000 €

Country:
Norway

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