SIC Code 7021-03 Description (6-Digit)

Hostels are a type of accommodation that provides budget-friendly lodging for travelers. Hostels typically offer dormitory-style rooms with shared bathrooms and communal areas such as kitchens, lounges, and laundry facilities. Some hostels also offer private rooms with en-suite bathrooms. Hostels are popular among backpackers, students, and budget-conscious travelers who are looking for affordable accommodation options.

Hierarchy Navigation for SIC 6-Digit Code 7021-03

Parent Code (less specific)

7021 - Rooming and Boarding Houses

Tools

Property management software
Online booking platforms
Keycard systems for room access
Lockers for secure storage
Linen and towel rental services
Housekeeping and cleaning supplies
Kitchen equipment and appliances
Laundry machines and detergents
WiFi routers and internet service providers
Security cameras and alarms

Industry Examples of Hostels

Backpacker hostels
Youth hostels
City center hostels
Beach hostels
Ecofriendly hostels
Hostels with private rooms
Hostels with themed rooms
Hostels with rooftop bars
Hostels with outdoor activities
Hostels with social events

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