As the country enters recession, the gap year market is experiencing unprecedented growth with 21 per cent more Britons planning to leave the country for Australia alone this autumn.
Maximising its presence in this market, leading budget accommodation website hostelbookers.com has joined forces with specialist website gapyear.com to be their exclusive accommodation provider with over 2,500 destinations worldwide.
As Britons flee the economic uncertainty, the new deal means that Hostelbookers can take advantage of one of the major growth areas in the travel industry at this time of recession.
David Smith, chief operating officer at Hostelbookers, said: “The gap year market is growing at an impressive rate with a global spend of five billion pounds.
At HostelBookers we are always looking at ways to expand our business through innovative technologies and working with new partners; this latest deal means that we can gain market share in one of the few expanding areas in today’s tough climate.”
Gapyear.com is part travel agent, part social network and provides young travellers with the opportunity to belong to an online community, share experiences, seek good advice and purchase travel items, including accommodation worldwide provided by Hostelbookers.
Tom Griffiths, founder of gapyear.com said: “We like the fact that our users from around the world can book accommodation at no extra booking fee and pay in their local currency.
“When we researched potential partners, HostelBookers delivered some of the best quality budget accommodation and is a fast growing, forward thinking company who are able to adapt to our needs.”