By Tim Sykes
Beds and Bars is a leading operator of backpacker hostels. Since establishing the first of six hostels in London back in 1997, we have accommodated millions of young travelers. In 2014 alone, we sold over one million bed nights across Europe.
The USA currently does not offer the accommodation infrastructure that matches the needs of this emerging, and growing customer base. A central location, great facilities, easy connectivity and above all a great atmosphere with a value price are a must. Backpacker hostels are the perfect answer to this growing demand and can act as the perfect business model—connecting the city of New York to this tourism footfall and the large disposable income of this growing travel demographic.
Alongside key industry players, Beds and Bars has made a significant contribution to the growth and ongoing success of Europe as a backpacking destination. Partnering with local experts, we have brought together different people and of the part we have played in growing international economies, and regenerating the neighborhoods we move into.
New York is a world class destination because of its position as a gateway to North America, unique character and diversity. However, it remains beyond the budget of many young people because of what it lacks in quality hostel accommodation—itself a consequence of current regulations that prevent the creation of safe and quality hostels.
We therefore strongly support the creation of a hostel license system that would allow quality operators to open and safely operate in New York City.
Tim Sykes
Chairman,
Beds and Bars
