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Generator Hostels

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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

Generator Hostels is a chain of hostels headquartered in London, United Kingdom. As of 2020 the company operates 16 hostels in Europe and the United States,[1][2] including properties in Dublin, London, Copenhagen, Hamburg, Berlin (three hostels), Venice, Barcelona, Paris, Madrid, Stockholm, Rome, Amsterdam, Miami and Washington.[3][4]

History

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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

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Generator Paris
Currywurst served at Generator Berlin Mitte

List of Generator Hostels as of March 2023.

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
Berlin - Alexanderplatz Germany 2023[16]

References

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  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." Archived 2016-11-22 at the Wayback Machine. Curbed, by Barbara Eldredge Oct 28, 2016
  3. ^ Long, Felicity. "How Generator Hostels are Redefining the Genre". Travel + Leisure. Retrieved 22 November 2016.
  4. ^ a b "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
  16. ^ "Generator Berlin Alexanderplatz". Hospitality Net, 16 January 2023
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