TPG, German owner of A&O Hotels and Hostels, one of the main operators in the Hostels segment, has acquired the ownership of Edinburgh’ Safestay Hostel (600 beds) for GBP 16 million (approximately EUR 18.8 million), equal to GBP 26k per bed (about 30k/bed) from Safestay. The hostel, the largest one in the Scottish capital, will...Read More