building a greenhostel

“ lean, green, hospitality machine“Toronto Star March 7th 2010

20112011• Open January 4th 2011• 88 dorm beds• 88 dorm beds• 13 six bed dorms with ensuite• 2 five bed dorms with ensuite2 five bed dorms with ensuite• 1 four person private• 10 two person privates• Privates are arranged in pods around a shared bath• Total: 112 beds

20112011• September bed sales nearing $ 100,000• Estimated 2011 revenue $575 000• Estimated 2011 revenue $575,000

ReviewsReviews• Hostelworld: 217 reviews• Six month moving average 93 4%• Six month moving average 93.4%• August 94%• September 94%September 94%• October 94%• November 96%

ReviewsReviews• Tripadvisor: 27 reviews• #1 in specialty lodging category• #1 in specialty lodging category

96%96%

GoalsGoals1. Provide best possible hostelling experience to each and

every travelerevery traveler2. To be ranked as #1 Hostel in Canada3. To be considered one of the Top 10 Hostels in the Worldp4. 2013 bed revenue of $1,000,000

Expansion? Another Location?

OwnershipOwnershipplanet travelerCorporation owned by Anthony AartsCorporation owned by Anthony Aarts

Rents from

Building ownership corporation50% by Anthony Aarts and 50% by Tom Rand50% by Anthony Aarts and 50% by Tom Rand

What makes the hostel

?green?

• Geothermal heating and air conditioning• Solarthermal hot water• Photovoltaics (electricity production)• LED Lightningg g• Waste water heat recovery• Heat recovery ventilationHeat recovery ventilation• Tight well insulated building envelope

Geothermal exchange

Solarthermal hot water

Photovoltaics

LED Lightning

Waste water heat recovery

heat recovery ventilation

building envelope

This is a green hostel!