On this episode of Paisa Vaisa, host Anupam Gupta sits down with Pankaj Parwanda, the co-founder of goStops Hostels, to explore the booming youth travel industry in India. Pankaj shares the fascinating story of how a backpacking trip in Europe led to the creation of goStops, a company that has become a leader in the youth travel and hostel market. We dive into the unique asset-light business model, disruptive strategies, and the surprising insights that have positioned goStops as a ₹200 Cr. business. This conversation is a deep dive into entrepreneurship, the future of hospitality, and the mindset of the modern Indian traveler.

 

✔Gen Z prefers hostels over hotels.

✔The business runs on a lean 0.4:1 manning ratio.

✔It offers hotel owners an impressive 8% ROI.

✔The company grew 25x during the pandemic.

✔Indian women are comfortable with mixed-gender dorms.

✔The brand operates with an asset-light model.

✔The business is built on a sharing economy concept.

✔They are targeting a ₹1,000 Cr. valuation.




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