Have any of you ever thought of opening a hostel in another country?

InterestedNow

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I know it's probably considered a bad business idea now, more than ever before, but have any of you thought about it?

I'm sure some of you had, or have AirBNB set-ups in other countries, but did any of you ever consider the hostel option, why or why not?

I'm mostly talking about LCOL (low cost of living) areas, since I don't think there are too many millionaires here (I could be wrong though).

Ideally, it would be better if you already have family in that country, just so that you can have things handled more smoothly when you are away, or in case the country only allows citizens to start businesses, and you are not a citizen.

Any of you ever though about it? How would you make your hostel stand out from the competition?
 

Tunez

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I'm going to open 1 in Europe :devil:


Hostel_poster.jpg
 

BangBike

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A hostel in the motherland exclusively for merkin cacs.. :blessed:
 

InterestedNow

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Okay, now I'm going to have to rewatch that movie this week.

As to my question though, anyone here ever considered it?
 

parallax

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Went to a youth hostel in San Pedro for a class trip to all the marine life institutes around there. The place was dope, can't say the same for the kids there though
 

InterestedNow

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Went to a youth hostel in San Pedro for a class trip to all the marine life institutes around there. The place was dope, can't say the same for the kids there though
So, what would you implement or take away if you had your own hostel?
 

maxamusa

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I'm from a country where if I run to the store and come back and there is a "squatter" in my house; it might take some time to get it figured out legally. and if I act on my impulses I'll prolly get the chair.



You think I'm going to seriously consider opening a business in a foreign country :mjlol:
 
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