A boom in demand is going on in the market for hostel accommodations, with startups increasingly getting involved:
https://www.ft.com/content/d8735554-4f4a-11e7-bfb8-997009366969
http://www.dnaindia.com/lifestyle/report-lifestyle-the-hostel-story-why-travellers-are-opting-for-hostels-over-luxurious-hotels-2467973
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