EIGHTClouds Announces $10MInvestment in Luxury Hostel ChainNext’House

We are proud to announce a $10mln investment in luxury hostel brand Next’House,which aims

We are proud to announce a $10mln investment in luxury hostel brand Next’House,which aims to fuel the expansion of their unique concept, starting with a new,premium location in Dubai.

“Next’House has developed a brand that is perfectly positioned to meet the evolving needs of today’s travelers, especially in a dynamic market like the GCC,” said Mark Aitchison, our Founder and CEO. “Our investment reflects our belief in the immense potential of the luxury hostel market in the region, where we see a growing demand for more affordable yet stylish accommodations that foster community and creativity. We are thrilled to bring in the strong industry experience of our team to support their growth and introduce a fresh take on hospitality to Dubai.”

“Dubai is not only a gateway to the GCC, but also a thriving hub for the digital nomad
community worldwide,” said Rayan Hanna, Founder & CEO of Next’House. “With this investment, we are eager to bring our vision to the GCC. We believe that by combining the essence of the community hostel experience with the sophistication that Dubai is known for, we can create a truly unique offering that resonates with modern travelers. We also see enormous potential for collaboration with brands and
businesses that align with our ethos.”

Next’House is set to introduce upscale hostels to the GCC by blending the casual and socialatmosphere of traditional hostels with the amenities and stylish design typically found in boutique hotels. The new Dubai
location will feature modern co-living spaces, private rooms, and communal work areas equipped with high-speed internet, catering to the needs of remote workers and digitalentrepreneurs.
Read more on: Inc.Arabic