Safestay sees 85% revenue increase to £7. The group's turnover for 2016 was £7.4m, with an EBITDA of £2.2m. In March Safestay announced an £18.4m debt restructuring and refinancing, and the sale and leaseback of its Edinburgh and Elephant & Castle hostels. "We expect this network to be expanded as we have further transactions under advanced negotiation and the capital in place to complete them." Going forward, we will be able to offer guests the ability to transfer seamlessly between Edinburgh, York, London, Paris and Madrid. "This transaction represents our first step in establishing a pan-European network of Safestay hostels. Larry Lipman, group chairman of Safestay, described U Hostels as "an excellent fit" for the company as both businesses offer "the opportunity to stay in unique, stylish buildings" in gateway European cities. The three hostels will increase Safestay's existing portfolio to seven which up until now has operated properties in London (Elephant & Castle and Kensington Holland Park), York and Edinburgh. Safestay Madrid Cats Hostel Madrid Sol Bar 24 -hour front desk Non-smoking rooms. Safestay will contribute €2.3m (£2m) towards its redevelopment. Figure out where to stay after checking out the best hostels in Madrid, Spain. It has a 12+12 year lease, which will be effective from the opening of the hostel in early 2019. Hostels MOLA HOSTEL Room007 Bluesock Safestay Motion Hostels CATS Hostels BASTARDO1 LaTroupe Meininger Collaborators BUY. The 2,300sq m building in Paris is located in Montmartre and has planning permission for conversion into a hostel offering around 260 beds. Our shared rooms range from 4-bed mixed, 6-bed mixed and female only, 8-bed, 10-bed & 12-bed mixed dorms. You could hang out in the bar, meeting other travellers over a beer (or gin). The Madrid properties include a 226-bed luxury hostel with a 15-year lease and the adjacent apartment block made up of 14 one-bedroom and 20 two-bedroom apartments, which will open in 2018 following renovation. We’re 6 minutes from the bus and train station in Micklegate, and a short walk to The York Dungeon, the River Ouse, York Castle Museum, pubs and clubs. U Hostels comprises two sites in Madrid and one in Paris. We do serve breakfast every morning with an extra cost (3.50€ per person/per day).Luxury hostel brand Safestay is to expand overseas following its acquisition of the U Hostels portfolio of three leasehold properties for €3m (£2.6m). Premium dorms for 4&6 people with ensuite bathroom Dorms for 4, 6, 8 & 12 people with shared bathrooms Odkryj, jakie jedzenie i napoje oferujemy w Madrid Safestay. Cool designed double rooms with ensuite bathroom Hostel w Madrycie Barcelona Passeig de Gràcia Hostel Barcelona Gothic Hostel Zjednoczone Królestwo. Girls only special dorms, including big mirrors, make up table, hair dryers. ![]() Maximum security with RFID key cards for rooms The 2-star Safestay Madrid Central lies in the Centro district, only 1.3 km from the Vast pedestrianized Puerta del Sol Public Square. All our rooms are air conditioned & have lockers Custom made bunk beds & first quality mattress! Big enough for U Spacious rooms! some of our rooms have 35 sqm ![]() Having travelled around the world, we know how a hostel should be! We at Safestay Madrid spoil our guests with first class services for affordable prices. Whether you just wish to relax, meet new people or party away in Safestay Madrid is the ideal choice. In addition to the daily tours organized by Safestay Madrid, our guests can enjoy the Spanish sun on the roof top terrace or relax in in our In-house cinema! Our privileged location, by Alonso Martinez square, makes us the ideal base to explore and enjoy our city Safestay Madrid is the first luxury youth hostel at low prices! Located in a 19th century palace, is the most modern and stylish hostel of Madrid.
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