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Denver travel trend: Hostels and shared rooms, an option for savvy budget-conscious travelers

7-story hotel project in RiNo will have bunk rooms
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Posted at 3:59 PM, Jan 17, 2020
and last updated 2020-01-17 20:53:14-05

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DENVER -- It's no secret that Denver is a popular travel destination, but some travelers are looking for more than a standard hotel room, they want an experience. That's why hostels are becoming a popular choice for savvy budget-conscious travelers.

"I think the main thing is people are starting to see the communal aspect of it and really wanting to stay in a city in an affordable way but with the ability to make friends and meet people from all over the world," said Chad Fish, owner of Hostel Fish.

Two new projects promise to offer guests that unique experience. Katz Development recently submitted plans to the City of Denver for a 7-story hotel located at 3495 Wynkoop Street. It will feature private rooms and shared rooms with bunk-beds, there will also be food and beverage options inside.

"It looked like there was a gap where people could really access the neighborhood at an affordable price and feel like they’re having an authentic experience," said Andrew Katz, the company's Principal Developer.

Katz said when he initially acquired the property in Denver's River North Art District, he wasn't thinking about doing a hotel, but hopes the project will fill a void. There's several new hotels downtown but they aren't exactly cheap. He wants people to be able to experience all Denver has to offer and still have money leftover for those experiences.

"They want to feel like they’re getting the real taste of living in Denver and living in this neighborhood," said Katz, "You have the budget to allocate to actually go and doing those things because you’re not spending as much on your room or where you’re sleeping."

The project concept is still in its early stages and does not have a name yet. Katz said he would like to break ground sometime next year.

The manager of Ember Hostel in Denver's Capitol Hill neighborhood says the industry is booming. The owner of Hostel Fish says their target demographic is travelers age 21 to 35 but they've seen adventurous grandparents and families stay at their hostel too.

"You get the opportunity to actually make friends and use it as a base camp and then go out and experience the city together," said Fish.