For Millenials, if You Can’t Book It Online It Doesn’t Exist, Says Hostel Chain CEO
Yaron Burgin, co-founder and CEO of Israeli hostel chain Abraham Hostels, spoke at Calcalist and Bank Leumi's Travel&Tech conference in Tel Aviv Tuesday
Naomi Zoref : 2019-07-10T12:15:21..
For millennials, if you cannot book it online, it is as if it does not exist, Yaron Burgin, co-founder and CEO of Israeli hostel chain Abraham Hostels and Tours Holdings Ltd., said Tuesday at Calcalist's Travel&Tech conference. The conference was held at Labs TLV, a coworking and events space in central Tel Aviv in collaboration with Israel's Bank Leumi.
According to recent studies, young travelers between the ages of 18-35 are the fastest growing sect in the travel industry, and have even surpassed business travelers, Burgin said.reported the company raised nearly $7 million and intends to open locations outside of Israel.