Traveling on a budget doesn’t mean you have to compromise on comfort, cleanliness, or safety. Hostels have long been the go-to place for backpackers, solo travelers, and anyone looking to save money on accommodation while still having an unforgettable experience. Today’s hotels offer more than just a cheap bed; they offer unique social experiences, cultural immersion, and amenities that rival some hotels.
To help you make the most of your next adventure, here’s a list of some of the world’s most affordable hotels that won’t break the bank while still providing you with a comfortable and enriching stay.
1. Generator Hostel – Europe
The Generator hotel chain is famous throughout Europe for its stylish, affordable accommodation. Found in major cities like Berlin, London, Paris, and Barcelona, these hostels offer modern design, comfortable dorms and private rooms, and a great location close to the city center. Despite the chic vibe, Generator Inn is still affordable, especially if you book in advance.
Guests can enjoy amenities such as free WiFi, common areas, bars and organised social events that encourage interaction between travellers. The combination of stylish aesthetics and affordability makes Generator hostels the first choice for budget travellers looking for a lively environment in Europe’s most popular cities.
2. Mad Monkey Hostel – Southeast Asia
Southeast Asia is a paradise for budget travellers, and Mad Monkey Hostels is the best choice for affordable and fun accommodation in the region. With locations in Cambodia, Thailand, the Philippines and Indonesia, Mad Monkey is known for its lively social atmosphere, perfect for solo travellers looking to make friends.
Mad Monkey’s Inn is more than just a place to sleep. They organise tours, social events and pub crawls every day, making it easy to experience the local culture and nightlife. The accommodation is clean and comfortable, with dormitories and private rooms available at very reasonable prices.
3. Selina – Latin America and Beyond
Selina is a fast-growing hotel chain that combines affordable prices with a boutique hotel feel, offering a variety of accommodation options from dormitories to luxury suites. Operating throughout Latin America, including Costa Rica, Mexico, Colombia and Brazil, as well as Europe and the United States, Selina attracts digital nomads, backpackers and adventure travellers alike.
What sets Selina apart is its focus on community and wellbeing, with many locations offering coworking spaces, yoga classes, surf lessons and even wellness retreats. While Selina is a little pricier than a traditional hotel, it offers great value for those looking to combine work, play and relaxation.
4. YHA Hostel – UK
The Youth Hostel Association (YHA) has a long history of providing budget accommodation in the UK. With over 150 locations across England and Wales, YHA offers a variety of affordable options for travellers looking to explore urban and rural destinations. From city centre accommodation in London to quaint lodges in the Lake District and along the coast, YHA hostels are known for their friendly atmosphere and sense of community.
YHA hostels offer clean, comfortable dormitories and private rooms with shared kitchens, communal areas and often stunning views. The YHA membership programme also offers discounts and exclusive deals, making it even more affordable for frequent travellers.
5. HI Hostels – Worldwide
Hostels International (HI) is a global hostel network offering affordable accommodation in over 80 countries. Whether you’re exploring North America, Europe, Asia or beyond, you’ll find a HI hostel to suit your budget. With a focus on sustainability and cultural exchange, HI Hostel aims to provide affordable accommodation while fostering a sense of community among travellers.
Many HI hostels are located in iconic destinations such as New York City, Paris, Tokyo and Sydney, but you’ll also find them off the beaten track. They offer dormitories, private rooms and family-friendly accommodation, offering options for all types of travellers.
6. Bijenkorf – Rome, Italy
The Beehive in Rome is a comfortable, eco-friendly hotel, perfect for budget travelers looking for a quiet retreat in the city center. Just a few minutes’ walk from Rome’s Termini Station, The Beehive offers a range of affordable accommodations, from dormitories to private rooms, all with a warm and inviting atmosphere.
This family-run inn is known for its sleek, minimalist design and focus on sustainability. They also have cus offers dorms, private rooms, and even apartments, all at budget-friendly prices.
The hostel has a café and bar on-site, and it hosts regular events like karaoke nights, walking tours, and live music performances. With its excellent location, trendy design, and lively atmosphere, The Circus Hostel is perfect for budget travelers who want to experience Berlin’s culture and nightlife.
8. Lub d – Asia
Lub d is a popular hostel chain in Southeast Asia, with locations in Thailand, Cambodia, and the Philippines. Known for its high-quality facilities and affordable rates, Lub d offers a range of accommodations, from dorm beds to private rooms, in central locations ideal for exploring bustling cities like Bangkok, Phuket, and Siem Reap.
What makes Lub d stand out is its social atmosphere. The hostel hosts events like movie nights, cooking classes, and local tours, making it easy for solo travelers to meet new friends. It’s also a great option for digital nomads, as many locations have coworking spaces and fast Wi-Fi.
9. Milhouse Hostel – Buenos Aires, Argentina
If you’re traveling through South America, Milhouse Hostel in Buenos Aires is a great budget option. Known for its lively atmosphere and central location, Milhouse is perfect for travelers who want to immerse themselves in Buenos Aires’ vibrant nightlife and cultural scene.
Milhouse organizes a variety of activities, including tango lessons, walking tours, and pub crawls, making it easy to explore the city and meet fellow travelers. The hostel offers both dorms and private rooms, and despite its party reputation, it’s also a clean and comfortable place to stay.
10. KEX Hostel – Reykjavik, Iceland
Iceland isn’t known for being a budget-friendly destination, but KEX Hostel in Reykjavik offers affordable accommodation in a city where prices can be steep. Housed in a former biscuit factory, KEX combines quirky, industrial design with comfort and convenience.
The hostel offers dorms and private rooms, as well as a bar, restaurant, and common areas with stunning views of the mountains and sea. KEX also hosts live music, movie screenings, and cultural events, making it a great place to stay for budget-conscious travelers who want to experience Reykjavik’s artsy vibe.
Conclusion
Staying in a hostel is one of the best ways to stretch your travel budget while still enjoying comfortable accommodations and meeting fellow travelers. Whether you’re exploring Europe, Asia, South America, or beyond, these affordable hostels offer great value, social experiences, and often a touch of luxury at a fraction of the cost of hotels. For your next adventure, consider one of these top hostels and enjoy an unforgettable trip without breaking the bank.
