February 2026 Hostel Update
Over the last month or so, I’ve been working a lot more “on the business,” which is good. Joining the Waypoint Resilience cohort has been a nice forcing function. There’s a 3-hour meeting every week, each covering a different topic like marketing, ops, or finance, and I pretty much always walk away with a nugget or two that turns into a new item on the to-do list.
Over the last month or so, I’ve been working a lot more “on the business,” which is good. Joining the Waypoint Resilience cohort has been a nice forcing function. There’s a 3-hour meeting every week, each covering a different topic like marketing, ops, or finance, and I pretty much always walk away with a nugget or two that turns into a new item on the to-do list. On top of the weekly meetings, we get some one-on-one coaching, which has been a nice way of holding me accountable to doing more big-picture thinking. At the same time, I’ve also started working with a SCORE mentor with many years of hospitality marketing experience.
It’s been a lot of work. I’ve felt very busy at a time when occupancy isn’t that high at the hostel. And I do want to find a better balance between meetings, coaching sessions, and actually leaving time to do the work. But I always enjoy talking to other smart people and getting third-party input on how we’re doing.
So what all has gotten done?
No paid influencer work yet, outside of poking around at a few options, but I did have a couple of great collabs with a local friend who runs @ashevillish. He does an awesome job of featuring other local small businesses in a unique light, and he thinks similarly to the way I do about building partnerships for the long term and the idea that a rising tide lifts all boats. Check them out!
In the last month, I’ve visited Greenville, Knoxville, and Boone to meet up with potential out-of-town partners and distribute some rack cards and stickers in places where potential guests may hang out. I like doing this work, and I do think it adds value, but it’s pretty hard to quantify the impact beyond anecdotally asking guests how they found us. I hope to do similar trips to Atlanta, Charlotte, Raleigh, and Nashville too. But I won’t be traveling to all of those places immediately, so if you live in one of them and have ideas for potential partners, reach out. I’d love to chat.
We took some updated photos and refreshed descriptions and listing names around the interwebs. That’ll be a constant theme, just slowly making them better over time. I don’t think they were horrible to begin with, but every little bit helps.
We also got onboarded with Skyland Distributing, which makes it easy to source beer from several local breweries around town through a single contact. It also let us add a seltzer, which we haven’t had to date, for our gluten-free or fruit-forward friends. And we’re trying our first Delta-9 (THC) drinks too. We’re starting with one of the less strong options, but all the data shows that younger folks especially are drinking less, so I’m trying to think through other options that may help them enjoy their experience.
I really do think I’m doing a lot of the right things to grow the business. The coaches seem to agree that I have my ducks in a row. But I’d be lying if I said I don’t look at the occupancy numbers and wonder when the payoff is going to come. Good thing I’m an optimist. I’ll keep working and keep believing until it clicks.
February Stats
February started to pick up after a bleak January. Comparisons to last year are still a bit wonky. I had a whole house rental last February which increased guests and guest nights, but it was paid for in January, so revenue is actually up this year versus last. I’m still trying to think through the best way to track whole house rentals. I don’t want to just ignore them because it’s real revenue, but they’re also not part of standard hostel operations. No perfect solutions yet, and I’m talented at making the data say what I want it to say anyway.
February stats
- Occupancy rate: 12.1% (+80.7% MoM, -9.5% YoY)
- Total Guests: 36 (+125.0% MoM, -36.8% YoY)
- Total Guest Nights: 73 (+108.6% MoM, -18.0% YoY)
- Revenue: $6,817 (+60.2% MoM, +24.0% YoY)
February Marketing Overview
I’m spending more time on organic reach and business development at the moment, but I still have some Google paid ads running that are driving conversions.
Google Ads — Hostel Keywords
- Clickthrough Rate: 13.9%
- Cost Per Click: $2.91
- Daily Spend: $21.51
Google Ads — Whole House Rental Search Terms
- Clickthrough Rate: 8.5%
- Cost Per Click: $1.93
- Daily Spend: $5.39