Urban Hostel
en
en
en
en
en
en
Date of Foundation
2024

Urban Hostel

Urban Hostel: Digitally innovative, sustainable, community-focused living.

Contact

The Idea origin story

Urban Hostel is transforming the travel experience by blending charming heritage with advanced technology and a sense of community. We're reinventing hostel living with tech tools like mobile check-in, AI-assisted services and robot maintenance, all while advocating sustainability through eco-friendly practices. Offering cost-effective, tech-sophisticated lodgings, Urban Hostel strengthens social interactions, facilitating a dynamic, immersive environment for contemporary nomads.

The Mission

"Transforming travel with Urban Hostel, weaving tech innovation, sustainability and community spirit into an enriched nomadic living experience."

Clients

Urban Hostel's customers are tech-savvy millennials, Gen Z travelers, solo adventurers, young professionals, and families seeking affordable, community-driven, and digitally-enhanced accommodations.

Problems we solve

Client’s problem

Urban Hostel solves the problem of high accommodation costs by offering affordable, tech-enhanced rooms that provide comfort and convenience without the luxury price tag. We focus on providing a clean, functional, and community-driven environment where travelers can enjoy modern amenities and social interactions, ensuring a memorable stay without breaking the bank.

Confirmation of problem

The actuality of the problem is confirmed by the rising demand for affordable, technologically advanced, and community-centric accommodations.

Solution

Our solution at Urban Hostel is offering affordable, tech-integrated accommodations emphasising community spirit to provide a comfortable and unforgettable travel experience.

Our technologies

This solution is based on technologies

How it works

Urban Hostel integrates technology in our hostels for a seamless experience - from app-based check-ins to AI-assisted services and robotic maintenance, enhancing guest comfort.

Value for the client

PitchBob’s recommendation: With Urban Hostel, guests enjoy affordable stays with cutting-edge amenities and a lively community atmosphere for unforgettable experiences.

Market and strategy

Market size

6.000.000.000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

2

% of the market

Is our goal in the next 3 years

Team

My name’s

Alexander End

My key role in the product

My key role is as a Founder and I'm responsible for securing capital, laying the company foundation, and overseeing strategic decision-making.

Team size and key members

Michael is our CEO, handling vision and growth; our Operations Director ensures hostel efficiency; the Tech Lead oversees digital solutions.

Competitors

Competitors

While competitors like Generator, Selina, Meininger, and Jo&Joe offer trendy hostels or hotel-like amenities, our Urban Hostel stands out with its unique combination of full digital integration, sustainability focus and affordability.

Our Advantages

PitchBob’s recommendation: Urban Hostel is a step ahead, thanks to our complete digitalization with AI and robotics ensuring seamless operations. We provide sustainable yet vibrant spaces, merging innovation and tradition. With affordability at our core, we stand as the top choice for modern travelers.

Business model

Our revenue comes from room bookings, dynamic pricing, app purchases, and digital vending machine sales. Clients pay for our tech-enhanced stays and extras.

Traction

In the last 6 months, Urban Hostel secured exclusive contracts with CBRE for prime property acquisitions, advanced the development of our digital app, and integrated AI-driven services and robotics. We also finalized sustainable design plans and began preparations for our first hostel launch, positioning us strongly in the market.

Once the funds are expended, Urban Hostel will be operational at multiple sites, possessing a solid brand with stable occupancy rates. Our digital platform expansion and diverse income sources like bookings and partnerships would ensure steady growth and profit.

Metrics

Key metrics for Urban Hostel are occupancy rates, guest happiness scores, mobile app interaction levels and revenue per customer. Recent months have shown a surge in digital services satisfaction and ascending accommodation usage as we near our inaugural property launch.

Incorporation

Our company incorporated in

germany

Key risks

Key risks could involve initial platform development costs, coping with demand fluctuations in the travel sector, gaining consumer trust for a new concept, and managing data privacy issues related to tech-integrated services.

Investments

$

nothing

We raised investments

Our Investors

100% founders

Rising Investments

$

5000000

Currently, we are raising investments

$

The pre-investment valuation of Urban Hostel is estimated at $10 million USD.

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Proposal for Co-Founder Recruitment at Urban Hostel Urban Hostel is currently seeking a co-founder who shares our vision of transforming the travel experience by blending advanced technology and a sense of community within an eco-friendly hostel accommodation. Our startup aims to revolutionize the hostel industry by integrating technology into room bookings, guest services, and property maintenance, while simultaneously fostering a vibrant community spirit. We are seeking a co-founder with a background in the technology sector, ideally with some experience or firm understanding of the hospitality industry. The co-founder's primary responsibilities will include refining our existing tech-solutions, charting strategic tech-led growth plans, and leading an enthusiastic team towards our vision of becoming a global leader in digital, sustainable, and community-centric hostels. As a co-founder, you will have the exciting opportunity to be a part of shaping the future of travel accommodations, to collaborate with a team that's passionate about urban living and technology's role in enhancing it.

Open positions

Article

Read

Additional information

Urban Hostel redefines travel with eco-friendly, tech-enhanced hostels that offer a unique blend of tradition and innovation. Our focus on sustainability, digital convenience, and vibrant community spaces positions us as a leader in the next generation of affordable, memorable accommodations.

Urban Hostel
Idea
Date of Foundation
2024