Other notable findings include: - The global average revenue per available bed in 2013 remains €23.50 and the average bed occupancy rate is unchanged at 59%. - When it comes to technology, the 28% of respondents who have developed mobile applications or ensured their sites are mobile-friendly report the largest number of bookings via mobile sources. - The main age targeted by youth travel accommodation (YTA) operators is 25-34 years (61%). However, 10% of YTA properties are now aimed at the flashpacker market aged 35 or older, with bed and breakfast operators most likely to make up this market. - In terms of revenue, third party websites are playing an increasingly important role in this sector, with 29% of hostel bookings now being made via these channels. - Regarding third party booking channels, Hostelworld is the most important for hostels and with its recently-acquired Hostelbookers site also in the top three, now holds a significant market share in this industry. Booking.com has also seen significant growth in this arena. - Commenting on the report, David Chapman, Director General of WYSE Travel Confederation, said: “With a third of young travellers now using their smart phones when planning their holiday and lead times shrinking as online booking becomes easier, it’s increasingly important that the youth travel accommodation sector keeps up with the consumer’s technological demands – amongst other trends. “Whilst we are finding that our members are increasingly spurred to be active on social media channels, just a third of our respondents indicate that they are active on social media of which 90% of these use Facebook and 43% Twitter. Our survey therefore suggests that the future of our industry will depend on smaller establishments embracing this trend as much as the larger operations.” Related Link: Stay Wyse