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Corporate Development Corporate Development

Corporate Development

Company name: a&o Hostels GmbH Co. KG
CEO: Oliver Winter (founder and CEO)

Portfolio

Europe's largest hostel provider at 39 locations in 23 cities across eight countries (Germany, Austria, the Netherlands, Czech Republic, Denmark, Italy, Poland and Hungary) offering approximately 24,000 beds

Growth

Annual growth of more than 15 percent - Continuous growth target of at least two new establishments per year.

Openings in 2020

- Opening of a&o Copenhagen Sydhavn (Denmark) in 2020

- Opening of a&o Budapest in September 2020

 

Revenue

Revenue of approximately €117 million in 2017 with around 24,000 beds and more than 4.1 million overnight stays.

 

The Development

The a&o hostels are currently available in the following cities:

 

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