Good morning folks ☀️, as some of you might know that I am trying to setup a hostel with co-working space in Temi, Sikkim ⛰️. I have finally started the process and am happy to share updates for anyone who wishes to setup similar business elsewhere. The target audience is digital nomads, focusing on long-term stay. I will share all costs as I had mentioned before, hoping to help others figure out a business model for nomads like us.

Looks awesome Sumit!

when do you think this would be ready? I would love to come by!

Here are the approximate costs till now: 1. Raw materials including, but not limited to, floor/wall tiles (about 660 sq. ft.), paints and cement primer (about 2000 sq. ft. of wall space), cement, sand, bricks, kitchen/bathroom fittings, plywood/wood for furniture, misc: INR 200,000 2. Carpenter, plumber, painter, handyman: INR 130,000 3. Electronics and appliances: INR 70,000 These are rough estimates and I have spent about INR 200,000 in the last 1 week.

looks great! would be keen to come over once ready

Great initiative @wide-carpet-65149 I wish you all the best, and I would visit there someday! As a well-wisher, I think I would love to give you a few suggestions for your place, that I find missing in most of the hostels. And if the arrangement comes in your budget, it would be a great value add to the travellers/digital-nomads: 1. Have a small enclosed space inside the dorm apart from the washroom, where a hosteler could change clothes. If it's a mixed gender dorm, changing clothes in the washroom gets messy especially when it's wet. Perhaps, the changing enclosement (it could simply be a wooden chamber) be the entrance to the washroom. 2. Have 3-4 chambers in you co-work space completely enclosed in glass panels (for taking calls/meetings) They could simply have standing desks in them, or a plank attached to the wall and nothing else (with a plug of course, plugs go everywhere). 3. If it gets too cold in winters, your guests would thank you to have a radiator/heater in the centre of the co-work space. Dorms don't need one because of the blankets, but co-work spaces can't have blankets. And currently working from Himalayas now, I see that it gets really uncomfortable working from a co-working space towards the evening, especially when it has glass panels all around, no matter how ambient it is. (You can append in the extra electricity charge to the accommodation charges during winters).

Thanks for the suggestions @sticky-sandwich-47614. To be honest everything is within budget because it's only my budget to start with, eventually it's just passed on to the traveller. The problem is that most travellers are tight on budget, including myself when I'm planning a long trip. Many won't select a high priced place. So it's even more expensive for the few who want to afford these. Some of the nicest hostels I've stayed in are similar in price or more expensive than the hotels in that place and I ended booking hotels in a few of those situations. So it's a tight balance for the travellers' budget.

@wide-carpet-65149 Kudos for putting this out here and I am really excited for what this will turn out to be!! Would love to know more about your process and story behind this venture once you are settled down ofcourse!

This is awesome