CBRE Secures Office in Porto for Hostelworld
Hostel booking platform reaches the North of Portugal
Hostelworld, the leading global hostel-booking platform, opened its first office in Portugal, based in Porto. CBRE, world’s leading real estate consulting, oversaw both the architectural and management phases of the project, as well as coordinating the construction works on behalf of Hostelworld. In addition, CBRE office agency was also responsible for the placement of this business at Lusitânia Building.
The new office in Portugal is Hostelworld’s third in Europe and its sixth worldwide. It will become a technological and software development hub for the group´s different brands. With this opening, the company expects to hire 50 new employees in the first 12 months, with vacancies being primarily sourced from the local talent pool.
Hostelworld’s new headquarters in Portugal are divided over two floors totaling approximately 700 sqm. The modern office was built using the latest workspace architecture style and design philosophy, taking into consideration employee´s health and wellbeing. Amongst some innovative areas, the main highlight is a social HUB area, fitted with a coffee shop and leisure area with a pool table and a table football. The office is also equipped with bright and airy meeting rooms, that reflect the company´s values and culture.
CBRE’s Building Consultancy department created a modern, sustainable and functional office that intend to match employee´s expectations when it comes to a working space. Most of them are millennials and therefore take the office environment culture very seriously. Even though the architectural project follows the main international and culture brand requirements, it also incorporates interesting local features that refer to Porto and Portugal, such as a traditional Portuguese tile panel. The office materials were carefully chosen, taking into consideration not only the sustainability plan, but also guaranteeing great durability and lower maintenance costs.
The new Hostelworld office is a functional, comfortable and collaborative space. Due to its characteristics, the workplace encourages and promotes creativity, but also helps to build professional and interpersonal relationships. Most importantly, the new office can be seen as a place that clearly increases talent attraction and retention.
Our colleagues are delighted with our fantastic new office in Porto. From the beginning it was important to create a workplace reflective of our unique spirit and values, providing an environment that supports a collaborative approach, set in a cool and modern environment reflective of the style and atmosphere of the modern hosteling experience, with a local Porto flavor. CBRE have been a great partner for Hostelworld at every step of this process. From helping us to find suitable real estate in a challenging and under supplied market, through translation of our vision through innovative architecture and design, to delivering the project on time, on budget and to specification.
Hostelworld Group was founded in 1999 and is headquartered in Dublin, Ireland. The website operates in 19 different languages, allowing travelers to choose between 33,000 properties in more than 170 countries. With 300 employees globally, 27 of whom are working from the Porto office, Hostelworld has a range of 30 different nationalities spread across its global offices in Dublin, London, Shanghai, Seoul, Sydney and now Porto. In 2017 the company was recognized as a Best Workplace by the Great Place to Work Institute, for the second year in a row.