How Zostel helps in building local economy

With 85+ backpacker hostels and alternative stays across India and Nepal, including several properties in rural areas, Zostel is a pioneer in contributing to the local economy. Team members and our 200+ happy franchise partners boost the economic development of local communities in 3 different ways. Let’s discuss them in more detail:?

Direct economic impact:

? Job creation: We hire local staff for various roles, including housekeeping, reception, cafe management, and adventure activities. This injects income directly into the local community.

? Increased tourism-related spending: Most travellers staying at Zostels spend money on local transportation, food, shopping, and activities. This benefits local businesses and service providers.

? Real estate investment: We encourage and help local property owners to lease properties to young entrepreneurs looking to open a Zostel franchise, contributing to rental income and infrastructure development.

Indirect economic impact:

?? Promoting local tourism: We attract budget-conscious travellers who might not otherwise visit the area. This increased tourism footfall leads to more spending across the local economy.

?? Supporting local businesses: We often partner with local shops, restaurants, and activity providers, offering them exposure to a broader audience and promoting their services.

?? Community development: We sometimes participate in local initiatives or sponsor events, contributing to the social and cultural fabric of the community.

Additional initiative aims to:

? Empower local entrepreneurs: We sometimes look for local partners who understand the region and can manage Zostels in different states, creating opportunities for local ownership and entrepreneurship.

? Build a product and feedback-driven transparent economy: This creates a system where local businesses benefit from traveller spending and feedback, leading to improved services and economic growth.

Having said that, it's important to note that the specific impact of Zostel on the local economy varies depending on the location, size, and operations of each Zostel Hostel or Zostel Homes. However, the initiatives mentioned above highlight our potential to contribute positively to the economic development of local communities.?