A&O Hostels is expanding

The accommodation operator A&O Hostels has announced that it will be expanding in the next few years. Around 500 million euros are to be invested in new and existing locations.

New locations are just as much on the expansion agenda as existing ones: London, Paris, Rome, Madrid and Lisbon can be found there alongside Berlin, Munich, Prague and Amsterdam. There are already four hostels in Austria: Graz, Salzburg and twice in Vienna. There is great confidence that “a significant step forward” will be made at the MIPIM in Cannes, which begins today: “We are already in some exciting negotiations - things can get very concrete at MIPIM,” said the group.