Generator Hostels

Generator Hostels is a chain of hostels headquartered in London, United Kingdom. As of 2020 the company operates 15 hostels in Europe and the United States,[1][2] including properties in Dublin, London, Copenhagen, Hamburg, Berlin (two hostels), Venice, Barcelona, Paris, Madrid, Stockholm, Rome, Amsterdam, Miami and Washington.[3][4]

Generator Hostels
IndustryHostels
Founded1995
FounderLouise Duffy
Kingsley Duffy
HeadquartersLondon, United Kingdom
Number of locations
15 (2020)
Area served
Europe, United States
OwnerQueensgate Investments
Websitewww.staygenerator.com

History

Generator hostels was established in 1995 as a single property in London by siblings, Louise and Kingsley Duffy.[5][6]

In 2002, the company expanded for the first time, opening a location in Berlin. In 2007, the two properties were acquired by Patron Capital, beginning a new chapter for the company.[4][7] International travel expert Fredrik Korallus was hired as CEO[8] alongside Anwar Mekhayech, the creative director.

In 2011, Generator begin what would be the expansion of multiple locations over the next few years, opening locations in Copenhagen and Dublin. A year later, a second location in Berlin opened, along with locations in Venice, Barcelona, and Hamburg.[9]

Generator Paris opened in February 2015,[10] followed by Generator Amsterdam in March 2016 and Stockholm in June of the same year.[11][12] At that time, Patron continued to own a majority stake in the company.[13] In September, Generator acquired most of the units in the Atlantic Princess Condominium in Miami Beach;[14] in preparation for the planned opening of a hostel there in 2017.[15]

Locations
Generator Paris

List of Generator Hostels as of January 2020.

Name Country Opened
London United Kingdom 1995
Berlin - Prenzlauer Berg Germany 2002
Copenhagen Denmark 2011
Dublin Ireland 2011
Hamburg Germany 2012
Venice Italy 2012
Barcelona Spain 2012
Berlin - Mitte Germany 2012
Paris France 2015
Amsterdam Netherlands 2016
Rome Italy 2016
Stockholm Sweden 2016
Miami United States 2018
Madrid Spain 2018
Washington, D.C. United States 2020

References
  1. "Asian investors swoop for UK property targets". Financial News, Jessica Davies, 18 July 2016
  2. "High-design hostel chain has an eye on the U.S.". Curbed, by Barbara Eldredge Oct 28, 2016
  3. Long, Felicity. "How Generator Hostels are Redefining the Genre". Travel + Leisure. Retrieved 22 November 2016.
  4. "Patron plots £400 million auction of Generator hostels chain". Sky news, 27 September 2016.
  5. Coldwell, Will (5 March 2014). "Generator hostel London reopens as demand for budget beds rises". The Guardian. Retrieved 22 November 2016.
  6. 'The new Generator Hostel London shows how cool hostels have become'. Lim, Serene. 3/4/2014 Today Newspaper
  7. "Generator Hostels gets €60m from Invesco for expansion". BigHospitality.co.uk. Retrieved 22 November 2016.
  8. "Fredrik Korallus has been appointed Chief Executive Officer (CEO) at Generator Hostels Ltd. in London, United Kingdom". Hospitality Net. Retrieved 22 November 2016.
  9. "Weak pound a boon for business says Generator Hostels' boss Fredrik Korallus". Belfast Telegraph. Retrieved 22 November 2016.
  10. YOUNG, SARAH. "European hostel chain targets new generation of backpackers". GMA New Media. Retrieved 22 November 2016.
  11. Long, Felicity. "Generator to open Stockholm hotel; Rome and Amsterdam next". Travel Weekly. Retrieved 22 November 2016.
  12. Mohn, Tanya. "An Upscale Hostel Opens In Amsterdam". Forbes. Retrieved 22 November 2016.
  13. "Boutique Bohemian: High-End Hostels Come to America". Wall Street Journal, Craig Karmin. May 26, 2015
  14. Bandell, Brian. "Generator Hostels acquires nearly all of units in Miami Beach's Atlantic Princess Condominium". South Florida Business Journal. Retrieved 22 November 2016.
  15. "The hostel grows up: 'Poshtels' make their way to USA". USA Today. Nancy Trejos, June 24, 2016
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